A Bigger Chance Of A Policy Pivot?

The Fed continues to adopt a risk management approach to persistent price management, says Jeffrey Cleveland. He talks about the takeaways from the latest Fed meeting. He discusses how the financial markets expect rapid disinflation. He then goes over how the markets loved that Powell acknowledged a forecast difference after the February FOMC meeting, inferring a bigger chance of a policy pivot. He also touches on the Employment Situation report for January 2023. Finally, he mentions predicting Powell's next moves. Tune in to find out more about the stock market today.