Lekas: Fed Won’t Cut This Year, Impact of ‘Low Dollar’ Policy
Schwab Network · Schwab Network
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Show Notes
John Lekas does not expect the Fed to cut this year, driven by wage inflation due to low unemployment. He thinks yields will continue to rise, with the 30-Year hitting 6% by year-end, but calls this a “normal curve.” He explains the impact of the administration’s “low dollar” policy, both positive and negative.
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