Home News US Economy

Fed can still achieve soft landing, says UBS's Jeremy Zirin

Bloomberg
Bloomberg5/8/2022 4:4 PM GMT+08  • 4 min read
Fed can still achieve soft landing, says UBS's Jeremy Zirin
The Fed has made it very clear that they’re not contemplating far more aggressive tightening / Bloomberg
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The US Federal Reserve’s effort to tame inflation with aggressive interest-rate hikes has some investors worried that a recession is inevitable, leading to a plunge in stock prices this year. Not so fast, says Jeremy Zirin, senior portfolio manager and head of private client U.S. equities at UBS Asset Management. He thinks the probability of a soft landing and longer expansion is higher than many believe.

Q: What is your takeaway from this Fed meeting?

A: The markets are going to remain choppy, but I do think that the Federal Reserve being very clear that they’re not contemplating far more aggressive tightening was certainly helpful in terms of thinking about the future path of monetary policy and just reducing what a lot of investors fear is a policy mistake, tightening too quickly in the context of a slowing economy.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now