Nicole Webb, CFP® Senior Vice President and Financial Advisor at Wealth Enhancement Group was quoted by MarketWatch in the article “U.S. stocks end mixed, but book weekly gains.”
“The labor market remaining hot continues to justify what the Fed is doing,” said Nicole Webb, financial advisor at Wealth Enhancement Group, in a phone interview Friday. “I don’t think it changes course from the 50 basis-point expectation in December,” she said, “but we’ve really started to question how high the terminal rate has to get to, to have the demand destruction that brings inflation down to 2%.”
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