How Banking Turmoil Could Impact The Fed's Inflation Fight

The former President and CEO of the Federal Reserve Bank of Atlanta, Dennis Lockhart joins Oliver Renick to discuss the macro-outlook ahead of FOMC meeting tomorrow. He talks about how banking turmoil could impact Fed's inflation fight. He discusses expectations for this week's Fed meeting and the fallout from banking sector turmoil. He notes that the idea is out there that the credit contraction or slowing of credit availability could basically substitute for another rate increase, which would probably be in at the June meeting. Tune in to find out more about the stock market today.

Market On Close

01 May 2023

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