An excerpt from the Philadelphia Inquirer’s “As nightmare in Ukraine unfolds, investors should sit tight”

by Erin Arvedlund - Published Feb 24, 2022

Will the Fed still raise rates?

Quoted: Patricia Healy, CFA

 

 

Patricia-Healy-In-The-News



Yes, say bond investors — but perhaps only a 0.25% increase in March, instead of the expected 0.50% hike that’s been forecast.

“More Fed governors will be speaking [Thursday and Friday], and it’s possible we will see the central bank raise rates 0.25% instead of 0.50%” as its first hike, said Patricia Healey, senior vice president of research and portfolio manager with Cumberland Advisors.

As for Russian bonds, “We get notifications from custodians and at least one said ‘these securities are restricted’ and they were all Russian bonds. So some institutions are writing down the value of their Russian bonds.

Read more at the Philadelphia Inquirer: https://www.inquirer.com/business/stock-market-selloff-after-russia-invades-ukraine-20220224.html


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Cumberland Advisors Market Commentaries offer insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies.

Patricia Healy, CFA
Published Date
News Source
Philadelphia Inquirer