TechFlow News, June 18: Ritesh Ganeriwal, Head of Investment and Advisory at Syfe, stated that the Federal Reserve’s hawkish signals in its statement suggest inflation risks remain elevated—even if the Iran conflict ends and energy supplies return to normal. Ganeriwal noted that while a rate hike remains possible this year, such a move is far from certain and faces a high threshold. He added that if the U.S.-Iran peace agreement holds and oil prices remain low, the Fed may find fewer justifications for raising rates.
Syfe also indicated the U.S. dollar could weaken, as the Fed’s new chair, Waller, expressed skepticism about the committee’s own economic forecasts. The firm believes bonds now offer returns “truly competitive with equities for the first time in years.” “Every additional month of waiting means missing out on potential returns.” (Jinshi)
