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Tudor Jones predicts Fed will not hike rates in 2019 after raise in December

From cnbc.com

The Federal Reserve will go ahead with its planned rate hike next week and then stop, hedge fund manager Paul Tudor Jones said Monday. With the central bank just nine days ahead of another quarter-point increase in its benchmark rate, the Tudor Investment founder said current conditions will stand in the way of more increases anytime soon. "The one thing I would say is there's a high probability that this hike, assuming they hike, will be the last one for a long time," Jones told CNBC's Andrew Ross Sorkin during a "Squawk Box" interview. Using the Goldman Sachs commodity index as a baseline, Jones said prices are down ... (full story)

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  • Category: Fundamental Analysis