Don't worry, inflation is going to settle: Stifel CEO explains

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Stifel Chairman And CEO Ron Kruszewski News

Brian Sozzi,Mortgage Rates,Kruszewski

The US economy is all about rates these days as the Federal Reserve opts to hold interest rates higher for longer, which has not eased mortgage rates for...

at the 2024 Milken Conference to have a conversation about the strength of the US economy and whether Wall Street is still sobering up from its

Kruszewski recognizes the Fed's caution around avoiding risks:"The risk is either not having a soft lining, which is a risk, or reigniting inflation. The bigger risk is clearly letting the inflation genie back out of the bag as you started to corral."He considers the Fed's scaling back of its Quantitative Tightening policy as its own kind of rate cut.

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Brian Sozzi Mortgage Rates Kruszewski Federal Reserve

 

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