Fed rate hike 'definitely' a possibility, Regan Capital CIO says

With recent comments from Federal Reserve Chair Jerome Powell throwing doubts on the timing of the next interest rate cut, the debate as to when there could be cuts and how many continues across Wall Street. Concerns about whether or not the Fed could even implement another rate hike have also been considered.
Regan Capital CIO Skyler Weinand joins Market Domination to discuss how the economy has been managing during higher-for-longer rates and gives insight into the Fed's path for monetary policy.
Weinland explains why June could very well be the only clear window for the Fed to cut rates: "They have a very, very minute window to cut which is June. That's the only possible time for them to cut. They're not going to cut in July which is in between the Republican and Democrat convention. They're not going to cut in the fall right before the election. So June is the only possibility for them to cut, and the data is telling us that... everything is going great. If anything the economy is running too hot and they might need to raise interest rates."
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X:   / yahoofinance  
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook:   / yahoofinance  
LinkedIn:   / yahoo-finance