NorthEnd Private Wealth Team Advisor: The Federal Reserve is more likely to cut interest rates in May
NorthEnd private wealth team advisor Alex McGrath said, "I believe we can officially say goodbye to the interest rate cut in March - and it is very likely to be a rate cut in May." Glenmede Chief Investment Officer Jason Pride said, "It now appears that the likelihood of an interest rate cut in March is decreasing. The more probable trajectory for rate cuts this year would start around the summer and involve 2-3 cuts."
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