Geopolitics is also keeping investors on their toes. U.S. President Joe Biden’s visit to Kyiv and Russian President Vladimir Putin’s abandonment of the last remaining nuclear arms control treaty with the U.S. signaled a hardening of positions.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend