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

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Expected market reaction

Neutral Confidence 50% How confidence is read Horizon: Short term Impact: Low

Evidence trail

Evidence
Source Bloomberg
Claim Zero Fed Rate Hikes Baked Into S&P Forecast, Says Wells Fargo's Cronk
AI inference Neutral · 50%
Generated 2026-06-24 14:13

AI provenance

Analysed by Rule-Based Analysis not AI Methodology v1.0 Generated
Technical identifiers
Provider tag
free-analysis-rule-based-analysis
Analysis version
free-analysis-rule-based-analysis
Article id
99659

Original source

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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Original article published by Bloomberg on June 24, 2026. Analysis and insights provided by AnalystMarkets AI.

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