HomeMarketsU.S. EconomyWhen Consumers Are Confident, They Will Spend

When Consumers Are Confident, They Will Spend

The Fed continues the fight against inflation. Dennis Lockhart discusses this as the Fed meets on Thursday. He talks about the Fed's inflation fight, as well as the chances for another Fed rate hike. He goes over the state of the consumer noting that when consumers are confident, they will spend. He also suggests that we might see a couple months of tick up in headline inflation. Additionally, markets bounce off of session lows ahead of Nvidia (NVDA) earnings. Tune in to find out more about the stock market today.

Morning Trade Live

23 Aug 2023

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