Brooke May, CFP® shared with Yahoo Finance, “We think the Fed is going to stay higher for longer. Unemployment at 3.7% is pretty close to a historical low, and with wage growth still at 4.5% year-over-year, there’s concern we could see a resurgence in inflation. So, the Fed doesn’t have to hurry, they can be patient.” Click here to watch Brooke’s interview.
