Fed's Tightrope Inflation Act as U.S. Purchasing Power Fades

Consumers are seeing their purchasing power decline, says Chris Clarke, pointing to three-year high inflation and lasting uncertainty on the U.S.-Iran war as key headwinds. It puts the Fed in a tough spot with the committee set to give its first interest rate decision under Kevin Warsh's leadership next week. That said, it's hard for Chris to predict recession odds due to the U.S.'s easier access to oil.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

Fler avsnitt av Schwab Network