Bets on Fed Rate Cuts Make No Sense, State Street CEO Says: Davos 2024

Bets on Fed Rate Cuts Make No Sense, State Street CEO Says: Davos 2024

On January 17, 2024, the Youtube channel of Bloomberg Television released a new content that caught our attention, this article will be able to give a spotlight on it and why not make you discover this video.

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For your information, you can find below the description of the video Bets on Fed Rate Cuts Make No Sense, State Street CEO Says: Davos 2024 published by the Youtube channel Bloomberg Television:

State Street Chairman and CEO Ron O'Hanley says that bets on US rate cuts make no sense. "I think the Fed was very clear in their dot plot, and I don't know why the markets decided to double it and then go to town on that," O'Hanley said in an interview on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. "I think that the Federal Reserve, if anything, is going to err on the side of holding interest rates."
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