Lindsey Piegza, chief economist at Stifel Fixed Income, says financial markets have priced in an interest-rate hike from the Federal Reserve that’s not coming.
In an interview on “MoneyLife with Chuck Jaffe,” Piegza said she believes the Fed is likely to surprise investors again through its inaction, noting that the end of the election campaign won’t green-light a rate hike for the Federal Reserve’s data-dependent governors.
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