The Fed's Decision to Skip a Rate High at the FOMC Meeting

The interviewer will become the interviewee. Torsen has just published his midyear economic and capital markets outlook with lots of insights and critical topics to talk about. I'd like to start with your views on the Federal Reserve's decision to skip a rate high at the FOMC meeting in June. That was the first time the Fed didn't raise rates since March 2022. So what do you make of this, Torsen? Right move, wrong move, somewhere in between. And also, where do you see the Fed funds rate peaking? Yeah, this is a very important conversation in financial markets at the moment.