A rate hike would 'wow' markets -portfolio manager

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Published May 30, 2024

George Cipolloni, portfolio manager at Penn Mutual Asset Management, says the prospect of a rate hike from the Federal Reserve — mentioned as a possibility this week by at least one central banker — would be a 'wow moment' for markets, and not in a good way. Lisa Bernhard has more.

#News #Reuters #Newsfeed #business #markets #FederalReserve #ratehike #policy #centralbank

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A rate hike would 'wow' markets -portfolio manager | REUTERS

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