Oksana Koneva

Keith McCullough: Fed tightening into a Quad4 slowdown after delayed rate hikes

Keith McCullough: Fed tightening into a Quad4 slowdown after delayed rate hikes
Fed faces Quad4 slowdown on rate policy

Keith McCullough, founder and CEO of Hedgeye Risk Management, said the Federal Reserve will be tightening monetary policy into a Quad4 slowdown because it did not raise interest rates when it should have.

McCullough made this assessment after Federal Reserve official Williams was quoted as saying inflation remains too high and that it is essential to bring it back to 2% in a timely manner.

McCullough has recently commented on equity market volatility across Asia. He reported that Indonesia's stock market fell 3.6 percent overnight, bringing monthly losses to 22.4 percent. He also noted that South Korea's stock market declined by 5.3 percent in the latest session, extending its total drop to 41 percent from the recent high.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.