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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Stocks May Not Need A Fed Rate Cut—But Bonds Could Be In Trouble, Says Sage Advisory

February,1,,2023:,Fed,Chair,Jerome,Powell,Talking,About,Inflation,

The Federal Reserve held interest rates steady at 4.25%-4.50% during Wednesday’s June meeting, with Chair Jerome Powell signaling no urgency to cut rates as officials monitor potential tariff-driven inflation impacts.

What Happened: Sage Advisory managing partner Thomas Urano told Yahoo Finance that while equity markets may not require rate cuts, the bond market could benefit from easing to move higher.

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