Published on: July 26th, 2022 • Duration: 74 minutes
In a little more than 24 hours, the Federal Reserve could announce the biggest rate hike since 1994 for a second consecutive month. We’re talking about unprecedented moves to rein in bolting inflation. Markets are pricing in another 75-basis-point move at the conclusion of the Federal Open Market Committee’s meeting on Wednesday. Jeffrey Snider, the chief strategist at Atlas Financial, thinks the Fed is off base. “It isn't some conundrum,” he tweeted. “The rate hikes are just wrong. Again.” Jeff panels up with Steven “The Bond King” Van Metre and Darius Dale, the founder and CEO of 42 Macro, to assess the road ahead for the U.S. central bank, including forecasts for future rate hikes and coming recessions.
Be sure to stay with us to hear Roger Hirst, the managing editor of Real Vision Creative Studios and veteran of Deutsche Bank, Barclays Investment Bank, and Morgan Stanley, break down and analyze the most important takeaways from Steven's, Jeff's, and Darius' conversation immediately following its conclusion.