Fed Officials Dial Back Rate Forecasts, Signal Just One '24 Cut
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Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Sylvia Jablonski, CEO at Defiance ETFs, discuss Federal Reserve officials penciling in just one interest-rate cut this year and forecasting more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation. Alexandra Browne, Chief Development Officer at Lido Advisors, talks bout handling the rate environment and navigating portfolios. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani shares his thoughts on Broadcom earnings and outlook.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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