Expectations For The Fed & Markets Following Cooling Inflation

The fixed income market is torn between weakening economic data and the prospect of more Fed tightening, notes Kathy Jones. She and Michelle Gibley discuss how stock's pull back from Thursday's rally. Kathy mentions that the Fed is more concerned about inflation than financial stability. Michelle highlights that inflation appears to have peaked in most major economies but remains elevated. She notes that central banks globally are generally downshifting, either by hiking in smaller increments or pausing. They then go over expectations for a Fed pause following cooling inflation. Tune in to find out more about the stock market today and what investors should have on their radar next week.