Tech stocks led the climb in US equities as rising expectations for interest-rate cuts helped carry traders’ newfound optimism into the Thanksgiving break. The dollar slumped.
Tech stocks led the climb in US equities as rising expectations for interest-rate cuts helped carry traders’ newfound optimism into the Thanksgiving break. The dollar slumped.
Anwiti Bahuguna, global asset allocation chief investment officer at Northern Trust, discusses the prospects for a Federal Reserve cut in December and why she's concerned about lower rates in a environment where inflation is still above target and the US economy is likely to accelerate. She speaks on Bloomberg Television.
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