Banking Sector Turmoil Is Fostering Uncertainty For The Fed

The banking sector turmoil is fostering uncertainty regarding the Fed, says Rob Fleming. He discusses how the markets are rallying as financials rebound. He talks about how regional banks are among the top-performing stocks in the S&P 500. He notes that the probabilities are tilting toward a 25BPS rate hike as the February 2023 CPI data comes in mostly in-line. He then goes over what the Fed will look for in the latest inflation data. Tune in to find out more about the stock market today.

Trading 360

14 Mar 2023

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