Richmond Federal Reserve President Tom Barkin spoke in North Carolina on Wednesday morning saying “A soft landing is increasingly conceivable, but in no way inevitable.” Many on Wall Street are patiently awaiting the Fed’s next move. Matthew Luzzetti, Deutsche Bank Chief US Economist joins Yahoo Finance to discuss what he expects from the Fed in terms of its next move and how the economy may react. “Our baseline is that the Fed begins to cut rates in June, that they cut rates by 175 basis points over the course of the year. That’s a little bit delayed relative to market pricing at the moment. It was quite aggressive relative to […]
#creditSuisse #Deutsche #youtube Yahoo Finance’s Jared Blikre breaks down the importance of Credit Suisse’s and Deutsche Bank’s health in regard to the U.S. economy. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades […]
