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Markets are blindly expecting the best - but inflation might not cool to the Fed's 2% target until late 2024, says Federated Hermes' top stock-picker

Posted on: Nov 24, 2022   |   Posted by: Travel Mag

Investors are overestimating how sticky inflation will be, according to Phil Orlando of Federated Hermes. Spencer Platt/Getty Images It's too optimistic to think interest rate...

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