Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
DWS Foresees 3 Fed Rate Cuts Next Yr, S&P 500 at 7,500 by Dec 2026
Recommend 3 Positive 9 Negative 1 |
||||
|
||||
|
Over the next year, US inflation is expected to remain high or even edge up a bit, said Vincenzo Vedda, Chief Investment Officer at DWS. His inflation forecast is 2.9%. With a weakening job market, however, Vedda anticipates the Fed to cut rates three more times, each by a quarter of a percentage point, eventually lowering the target rate range to 3-3.25%. Vedda also believes that the S&P 500 still has considerable room for growth next year. His target for the S&P 500 as of December 2026 is 7,500. It is worth noting that investors will be more cautious in selecting AI stocks than before. If a company underperforms expectations, its stock price will inevitably face adjustment pressure. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
