Market Insight: Fed won’t be able to cut this year, says economist

Market hopes of speedy interest rate cuts are fizzling out as, policymakers signal high rates are here to stay. Economist Shaan Raithatha of Vanguard told Reuters, sticky inflation may not allow the Federal Reserve to bring borrowing costs any lower this year.

#federalreserve #interestrates #economists #News #Reuters #Newsfeed

👉 Subscribe: http://smarturl.it/reuterssubscribe

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en