In a recent interview, Kathryn Rooney Vera, Chief Market Strategist at StoneX, discussed the Federal Reserve's policy outlook. Despite concerns about inflation and economic growth, Vera suggested that the Fed may implement two rate cuts in the second half of the year. She expressed cautious optimism about the US economy, but also acknowledged ongoing inflationary pressures and fiscal challenges. Vera warned that continued economic growth could further increase inflation, especially if spending is not reduced. She believes the Fed is unlikely to make further policy changes in the near term, but inflation surpassing 3.5% could prompt a reconsideration. Vera advised being prepared for alternative scenarios and protecting against the risk of no rate cuts. She also noted that global private investment is approaching record levels, signaling positive economic growth, but cautioned that high inflation may persist in the medium term.



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