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Business / Economy Economy

Zero Fed Rate Hikes Baked Into S&P Forecast, Says Wells Fargo's Cronk

Source: bloombergMarkets June 24, 2026 · 07:13
Darrell Cronk, Wells Fargo Wealth and Investment Management CIO, says zero interest rate hikes by the Federal Reserve are baked into their forecast that says the S&P 500 will reach 7,900 by the end of this year. He says markets are not in a selloff, he says this is a "rotation within equities." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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