A top market strategist gives his thoughts on the Fed and the markets as the final rate hike of 2022 arrives

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14 Dec 2022 0 shares 1 views

A top market strategist gives his thoughts on the Fed and the markets as the final rate hike of 2022 arrives

Upworthy

Published 14 Dec 2022

Hi you. I'm senior reporter Phil Rosen. At 2 p.m. ET, I'll be tuning in for the Federal Reserve's final interest rate announcement of the year. Everyone's expecting a 50-basis-point hike, which would be smaller than the last four but still jumbo by historical standards. Fed Chair Jerome Powell is…

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A top market strategist gives his thoughts on the Fed and the markets as the final rate hike of 2022 arrives

A top market strategist gives his thoughts on the Fed and the markets as the final rate hike of 2022 arrives

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Markets are blindly expecting the best – but inflation might not cool to the Fed's 2% target until late 2024, says Federated Hermes' top stock-picker

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