The Federal Reserve’s meeting minutes published Wednesday afternoon revealed the central bank is quite divided when it comes to future interest rate increases, and one portfolio manager laid out in a interview with CNBC’s “Trading Nation” how the Fed’s upcoming hikes may begin affecting markets.
“What the Federal Reserve is going to do with their balance sheet as well as with interest rates is going to be a key component to how much volatility there will be within the financial markets, the equity markets as well as the bond markets,” Chad Morganlander, portfolio manager at Washington Crossing Advisors, said Wednesday afternoon.
