The Fed is most worried about a wage inflation spiral: U.S. rates strategist Ian Lyngen

Ian Lyngen, managing director and head of U.S. rates strategy at BMO Capital Markets, tells BNN Bloomberg that the U.S. Federal Reserve has faced confusing inflation data for much of 2024 and tomorrow’s CPI report and other data will determine if the central bank will have the ability to start normalizing interest rates soon. He says the longer the Fed stays at the terminal rate, the more pressure it will place on U.S. households. He expects the yield on the 10-year treasury to end 2024 at 4 per cent.
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[@jptrainor]

Wage inflation would make low income earners whole, and that's not the goal here. The goal is to leave asset owners whole and to leave low income wage earners holding the bag.

[@tatianastarcic]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

[@jones9-]

I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.

[@KarenLavia]

Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.

[@ScottKindle-bk3hx]

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@KarenLavia]

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@EddyAgnes-vy4kp]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@richarddespres8011]

I love these investment scam threads that always pop up in the comments for videos like this. That takes dedication to have 90% of the interaction coming from these bot accounts flogging the Mr or Ms X that guarantees infinite profit.

[@funkspinna]

Wage inflation results in increased prices and inflation... Which affects low-income earners the most.