Market Moves And Fed Views
Image Source: Unsplash
In this short clip, Samantha LaDuc and Craig Shapiro discuss the current macroeconomic environment, focusing on recent movements in gold and food markets and reviewing Federal Reserve Chair Powell's testimony. Craig expresses concern over the persistent inflation and robust economic growth that could challenge the Fed's inflation targets. He anticipates that upcoming economic data, including payroll and CPI reports, could influence the Fed's stance on interest rate cuts. Craig also comments on market reactions to Powell's testimony, noting a lack of substantial change in his statements and the market's continued bullish trends in response.
Video Length: 00:09:50
More By This Author:
Gold, Geopolitics, And The Role Of Bitcoin
Gold Spike Triggers Nasdaq Dump As Expected
Macro-To-Micro Power Hour: Leaping Towards A Top?