Inflation Pressures May Ease

The Fed shouldn’t hike rates in response to temporary pressures. Inflation is being driven by the AI capex boom and the war in the Middle East. With the war hopefully ending soon and the outlook improving, a rate hike would do more harm than good.  . . . The information contained in this post is general in nature and for informational purposes only. It should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This post is not a solicitation or an offer to buy or sell any specific security.