Latest / The Financial Exchange Show
Fed Hike Odds Rise as Diesel Prices Keep Climbing
Markets are waiting on the Fed’s 2:00 PM decision, but fuel prices are still moving in the wrong direction as diesel climbs to $6.31 nationally.
Chuck Zodda and Marc Fandetti discuss why markets are pricing in a 25-basis-point rate hike, what Kevin Warsh needs to signal, and why diesel prices could jump even further in the Midwest and Rockies. They also break down whether the world economy is becoming more wary of the U.S., how rising energy costs are complicating business pricing decisions, why some boomers are tapping retirement savings to help their grandkids, and whether the U.S. can slow…
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