Ritesh Ganeriwal, head of investments and advisory at Syfe, said Fed language
showed a tightening bias, signaling inflation risks remain even if the Iran
conflict ends and energy supply normalises. He said a hike this year is still
possible but far from certain and would face a high bar; if a US‑Iran peace
holds and oil stays lower, the Fed may have less reason to tighten. Syfe added
the dollar could weaken and said the Fed’s new chair Wash has expressed a lack
of confidence in the committee’s own economic forecasts. The firm says bond
yields now, “for the first time in years, truly compete with equities,” and
“every additional month of waiting forfeits yields that could have been
captured."
