32:18

EssentialWe Got the Message

When Will the Fed Pivot?

Featuring Roger Hirst

Nov 16, 2022 • 32 minutes

Essential

We Got the Message

When Will the Fed Pivot?

Stepping back before prices are properly under control risks a reacceleration of inflation.

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Featuring Roger Hirst

Nov 16, 2022 • 32 minutes

A weaker-than-forecast US Consumer Price Index print for October has the market excited again about a Federal Reserve pivot. But what exactly is a “pivot”? And when are Jerome Powell and his colleagues realistically going to make such a move? The timing of it will determine whether yields at the long end of the curve rise or fall. And a full pivot could kick-start another push higher in commodity prices. Will that cause inflation to re-emerge down the line? Real Vision’s Roger Hirst tackles your questions about the key macro issue of the day.

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Real Vision experts answer the questions you ve posed to us in our comments sections and on social media.

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