Want to create an interactive transcript for this episode?
Podcast: Casual Friday: Financial Insights
Episode: Rate Hikes and Stock Market Limbo
Description: Last week the Federal Reserve announced its first 0.75% move since November 1994. The possibility of a 0.75% hike seemed unlikely even a week ago, but an upside surprise in the latest reading of Consumer Price Index (CPI) index inflation, released on Friday, June 10, changed everything as short-term yields soared and market-implied rate hike expectations climbed higher.This week Brian talks about how the Fed still has to remain credibly committed to bringing down inflation and how it's not an easy fit between what they may have to do to bring down inflation and the soft landing they’re trying to...