Will The Fed Inflict More Pain On The Economy

The labor market is strong, but wage growth isn't a big force behind remaining inflation, notes Dr. Daniel Altman. He discusses how stocks higher ahead of tomorrow's inflation data. He talks about how more people are looking for full-time jobs than at any time in the past four months. He then goes over how the Fed question is whether they'll inflict more pain on the economy to bring down inflation to 2%. He looks at expectations for tomorrow's inflation data. He suggests ways the Fed could respond to tomorrow's inflation print. He also gauges potential recession fears. Tune in to find out more about the stock market today.

Trading 360

11 Jul 2023

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