Neuberger Berman maintains Fed rate cut expectations; surging oil prices unlikely to disrupt policy path in the short term
ChainCatcher news, according to Golden Ten Data, Saira Malik from Newmun Investment stated in a research report that the broad impact of Israel's attack on Iran remains to be seen. He believes that global markets may experience more volatility, and its far-reaching effects will become clearer over time. Although the surge in oil prices may push up inflation, Malik expects this will not affect the Federal Reserve's policy in the short term. He maintains his forecast that the Federal Reserve will cut interest rates twice this year and believes that the yield on 10-year US Treasury bonds will fluctuate around the 4% range.
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