Ayako Yoshioka, CFA, Senior Portfolio Manager was quoted in The Wall Street Journal's article “Stocks Finish Volatile Session Higher”. Read Aya’s commentary from the article below to learn about the correlation between future inflation and interest rates.
“As long as inflation remains elevated and continues to come down very slowly, the Fed is going to increase interest rates in order to combat these high inflation rates,” said Ayako Yoshioka, a Senior Portfolio Manager at Wealth Enhancement Group. “It’s a very difficult thing for the Fed to engineer a soft landing.”
Read the full article written by Anna Hirtenstein and Vicky Ge Huang here.