Morgan Stanley Investment Management Managing Director and Senior Portfolio Manager Andrew Slimmon has recently shared his insights on the Federal Reserve’s decision to keep interest rates unchanged. He explains that while keeping rates steady for too long could potentially weaken the economy, a clear indication of economic weakening has not yet been observed.
According to Slimmon, one way to monitor the economy’s health is by tracking the two-year yield, particularly in relation to the ten-year yield. An inverted yield curve, where the two-year yield is higher than the ten-year yield, could signal potential economic weakness.
To gain further insight into the Fed’s decision and its implications for investors, Wealth! invited Slimmon to share his expertise. Viewers can tune in to the show for valuable information on investing and wealth management, as well as the latest market updates from financial professionals like Slimmon.