The Federal Reserve is expected to consider another interest rate increase this week, but Annex Wealth Management Chief Economic Strategist Brian Jacobsen says a hike may do little to solve some of the biggest problems driving inflation.
Appearing on Point Taken, Jacobsen said he believes the Fed should remain on pause for now, but expects a majority of committee members to support an increase. Markets have already begun pricing in the possibility of a hike.
You can check out more from Point Taken on the podcast page or on the YouTube playlist.
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