How The Fed Will Deal With OPEC+ Cuts

OPEC cuts suggests more headline inflation pressure in the near-term, notes Jeffrey Kleintop. He and Collin Martin discusses if surprise OPEC production cut will make the Fed's job harder. They talk about how market volatility could remain elevated. They note that the Nasdaq is falling, and oil prices are spiking higher. Collin highlights that today's economic data supports the case that tighter financial conditions should result in slower growth. They then go over recession indicators to track, as well as what to expect from upcoming economic data. Tune in to find out more about the stock market today.

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03 Apr 2023

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