Chief Investment Officer Mark Heppenstall appeared on CNBC’s “Squawk Alley” yesterday to weigh in on what to expect from Federal Reserve (Fed) Chair Jerome Powell during his keynote remarks at the central bank’s Jackson Hole Economic Symposium today. Mark notes that he is leaning towards an interest rate cut in September, citing the importance of inflation expectations in determining monetary policy. In addition, he adds that investors should err on the side of caution given the heightened level of uncertainty as a result of the trade war with China, the upcoming election and the inverted yield curve.
Mark’s full CNBC interview can be viewed here.
