No Pivot Is Imminent Says The Fed

The Fed has been consistent that no pivot is imminent, says Michael Rosen. He talks about how the running theme for the markets is anticipating a Fed pivot 3-6 months out and then pushing back with each CPI release. He discusses how the Fed policy implies that breaking inflation could require a recession. He notes that the FOMC minutes states that participants expressed high levels of uncertainty about the economy's jobs market and inflation outlooks. Tune in to find out more about the stock market today.

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