Yahoo Finance

Continued elevated interest rates as the Fed adopts a wait-and-see approach may be "not such a bad thing", NF Trinity Managing Partner & CIO Helen Zhu tells Bloomberg. Zhu adds the bigger challenge would be if rate cuts signal a weakening of the domestic economy. She speaks after two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook.