Powell's not doing 'any favors' by hinting at cuts: Strategist

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Powell's not doing 'any favors' by hinting at cuts: Strategist
John Hancock Investment ManagementMatt MiskinFOMC Meeting
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The FOMC kicked off its highly anticipated two-day meeting on Tuesday, with markets eagerly awaiting the interest rate decision. Federal Reserve Chair Jerome...

Fed eral Reserve Chair Jerome Powell is set to announce the committee's verdict on Wednesday, with investors hoping for a rate cut to alleviate inflationary pressures.

Miskin acknowledges that inflationary pressures have"spooked the markets," predicting that the Fed will adopt a"more hawkish" stance. He advises investors to reduce their risk exposure, citing the Fed's role in allowing"this inflation problem to reemerge."

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John Hancock Investment Management Matt Miskin FOMC Meeting Inflationary Pressures Fed

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