9/18/2023 0 Comments Global citi surprise index![]() ![]() Although many investors believe the Fed will hike in November, “we are going to get a lot of inflation data between now and then” and “if those numbers continue to come in a little bit softer, the Fed may be done in terms of hiking, not done with tightening cause they’ll keep rates elevated for a little while,” which “creates this perfect scenario for stocks moving forward,” Hayes explains. ![]() “We finally have a goldilocks scenario where the slowing is starting to kick in, the lagged effect is starting to kick in, and more than anything what that means for the Fed is it gives them cover to actually pause in September, which is kind of priced into the markets right now,” Hayes says. Right now, it’s shaping up to be a “goldilocks” scenario, Great Hill Capital Chairman Thomas Hayes tells Yahoo Finance Live. Many investors believe the Federal Reserve will skip raising rates at its next meeting in September. Yahoo Finance Video Economy: We have a ‘goldilocks scenario,’ strategist says ![]()
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