Will the Fed Do the Right Thing?
Sep 18, 2022Investors should brace for more volatility with policymakers expected to deliver another jumbo rate hike later this week.
Stocks fell sharply last week after a Tuesday reading on the August consumer-price index showed inflation running hotter than expected. The data cemented expectations for the Federal Reserve to deliver another supersize 75-basis-point, or 0.75-percentage-point, rise in the fed-funds rate, with some traders and analysts penciling in a 100-basis-point hike when policymakers complete a two-day meeting on Wednesday.
If history is any guide, then expect some volatility but what else should you expect? Find out in this video.
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