Portfolio Manager Jeffrey Rosenkranz Speaks with GOBankingRates and MarketWatch on Fed Decision
Portfolio Manager Jeffrey Rosenkranz spoke with reporters at GOBankingRates and MarketWatch to discuss the implications of recent Fed decision to keep rates elevated, resulting treasury yield activity, and how the presidential election may impact prices and rates.
“We truly are in a meeting-to-meeting, data-dependent holding pattern,” Rosenkranz said. “Because we believe economic activity will remain stronger than desirable in the coming months, this will push the Fed to wait longer on rate cuts and move more slowly once they do begin.”
GOBankingRates on Yahoo! Finance: Would a Biden or Trump Presidency Reduce Prices As Inflation Continues to Worsen Economic Stress?
MarketWatch on Morningstar: Treasury Yields End at One-Week Lows After Fed’s Policy Update
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