The Fed’s Inflation Fight Continues, Tesla’s Short-Term Risks, Navigating the Narrow Rally 6/21/23
The Exchange
00:00
The Fed Might Need to Keep Hiring Into 2024
Kelly Wallace: The market is not taking Powell or the FOMC at their word on that second hike right now. He says there's little change to the 75% probability of a hike in July and less than a 20% probability. Wallace: Why do you think the market has been quite skeptical about the Fed's rate-hiking cycle?Wallace: There are three different economies, each one can tailor its behavior to the needs of its own economy.
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