A few dots moved higher on a Federal Reserve chart of interest rate projections, and it caught many investors by surprise. Yet the hawkish turn tamped down market-based readings of inflation expectations and that could help the central bank keep stimulative policies in place longer, according to Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. He discusses the dot-plot shocker and what it means for allocation decisions.

Mentioned in this podcast:

Risk and Opportunity in a Post-Pandemic Economy

Fed Sees Two Rate Hikes by End of 2023, Inches Toward Taper

A few dots moved higher on a Federal Reserve chart of interest rate projections, and it caught many investors by surprise. Yet the hawkish turn tamped down market-based readings of inflation expectations and that could help the central bank keep stimulative policies in place longer, according to Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. He discusses the dot-plot shocker and what it means for allocation decisions.Mentioned in this podcast:<a href="https://www.northwesternmutual.com/life-and-money/risks-and-opportunity-in-a-post-pandemic-economy/">Risk and Opportunity in a Post-Pandemic Economy</a><a href="https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023">Fed Sees Two Rate Hikes by End of 2023, Inches Toward Taper</a>

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets.

What Goes Up

Dot Plot Shocker

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5ce706dd-a3a0-4a3c-9cd2-ae3c0029f46d/transcript