In accordance with Chaincatcher, Shannon Saccoci, Chief Investment Officer of Neuberger Berman's wealth management division, stated in a recent memo that regardless of whether the Federal Reserve cuts rates this week, interest rates will eventually decline, boosting the U.S. economy and opening upward potential for risk assets. She emphasized that the Fed's overall accommodative policy stance is constructive for the U.S. economy and risk markets, despite uncertainty around the timing and magnitude of rate cuts. Saccoci noted that the ultimate destination remains a lower and more accommodative federal funds rate in the second half of 2025.
Shannon Saccoci Predicts Lower Fed Rates in Second Half of 2025
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