RE: Re: ifonly119 Dec 2018 16:17
The Federal Reserve should stand pat on interest rate rather than hike now and regret it later, according to Brian Jacobsen, senior investment strategist of Multi-Asset Solutions at Wells Fargo Asset Management.
“The Fed will likely reiterate that it is data dependent, but it’s really model dependent,” he said.
“Their models suggest some slowing of the economy is natural. But given all the uncertainty around the data and their models, from a risk management perspective they may as well take a pause on hiking now rather than hike now and regret it later."