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Closing Bell Overtime: Big Bear Makes a Big Aboutface 10/3/22

Closing Bell

00:00

Is the Fed Stopping a Tightening Cycle Before Fed Funds Are Above CPI?

There's never, like never, ever been the Fed stop a tightening cycle before Fed funds were above CPI, above. 3%. So I don't think they're going to have a problem doing that. Greg, maybe you're too negative. You know, maybe there was reason to be decidedly negative when you were ahead of others anticipating what was going to happen. But maybe Eric's going to be right. Maybe the hikes are going to end sooner rather than later. And the market's going to sniff that out well before they say we're, hey, we're at the finish line. We'll get closer as that reality sets in in November.

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