Latest / The Financial Exchange Show
Fed Rate Hike Leaves Markets Asking What Comes Next
The Fed has raised rates for the first time in three years, but investors may still be underestimating how much more tightening could be ahead.
Chuck Zodda and Mike Armstrong discuss Kevin Warsh’s post-meeting performance, why the Fed’s dot plot and the rates market are sending different messages, and whether stronger labor data could force additional hikes. They also break down why a Fed rate hike could actually help bring mortgage rates lower, how diesel prices are still pressuring the economy, and why higher rates, labor shortages, and rising input costs are making life harder for home…
The skinny
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