Fortune: Experts say mortgage rates will stay high as Trump inflation fears negate expected Fed cut
Peter Ricchiuti, William B. Burkenroad Jr. Clinical Professor of Equity Research and senior professor of practice in finance, was interviewed by Fortune for a story about what Wall Street expects from a Trump administration.
“The bond markets have been betting on a Trump win for about the last six weeks,” Peter Ricchiuti, a finance professor at Tulane University’s A.B. Freeman School of Business, told me. The yield on the 10-year Treasury has soared over this time mainly because tariffs are inflationary. Ricchiuti also thinks the Fed will announce another rate cut.
To read the story in its entirety, visit fortune.com:
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