Levitt, chief global market strategist at Invesco, said in an interview with reporters that although the possibility of raising interest rates again before the end of the year has increased, given that inflation expectations are still anchored at a low level, even if interest rates are raised again, it is only a “one-time” adjustment at the end of this round of austerity. He also determined that the Federal Reserve will eventually switch to cutting interest rates in 2027.

Levitt, chief global market strategist at Invesco, said in an interview with reporters that although the possibility of raising interest rates again before the end of the year has increased, given that inflation expectations are still anchored at a low level, even if interest rates are raised again, it is only a “one-time” adjustment at the end of this round of austerity. He also determined that the Federal Reserve will eventually switch to cutting interest rates in 2027.