We do not expect the Fed will raise rates again this cycle, notes Jay Hatfield. He highlights that recent Fed commentary argues for a pause at the next meeting. He mentions that the 10-year treasury yield has risen to its highest point since 2007. He previews the next FOMC meeting which takes place October 31st and November 1st. He talks about how the Fed should change its policy framework by targeting a 2-4% range of inflation. Tune in to find out more about the stock market today.
The Watch List
18 Oct 2023
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