Julie Biel, CFA shared how the Fed might keep rates elevated based on last week’s inflation data. Julie highlights that it bolsters the idea that we may be higher for longer because there are pockets that are stubbornly high. For more, read the full The Wall Street Journal article: https://bit.ly/44S5mBL
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.
Past performance is no guarantee of future results.