Refinitiv Newscasts - CIO sees two rate hikes, inflation near 3% by year end

Univest Financial

21/06/2023 21:24

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_wo8bleyz&referenceId=tag:reuters.com,2023:newsml_RW173821062023RP1_930&pageId=RefinitivNewscasts
Source: Reuters

Description: Timothy Chubb, chief investment officer at Girard, a Univest
Wealth Division, said he expects the Federal Reserve to raise interest rates
twice more this year and sees the inflation rate nearing 3%, after Fed Chair
Jerome Powell told lawmakers on Wednesday that further rate increases are "a
pretty good guess."
Short Link: https://refini.tv/43PVs3P

Video Transcript:

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