Time to buy the energy sector despite falling oil prices?
Aug. 20, 2015 - 5:21 - Commonwealth Financial CIO Brad McMillan, Merrill Lynch Portfolio Solutions CIO Mary Ann Bartels and FBN’s Dagen McDowell on the state of the energy sector.
The federal funds rate will remain 3.5% to 3.75%. While the market still expects two rate cuts late this year, the Fed is likely to tread cautiously given the economic backdrop.