How can the Fed not raise rates tomorrow, questions Octavio Marenzi. He discusses expectations for tomorrow’s Fed announcement. He talks about how it certainly looks like we could reach 6% and core inflation is running at 2X the Fed’s 2% target. He goes over how high crude prices are pressuring inflation as gas prices will continue to push higher. He mentions that the 10-year yield is also rising. He looks at how investors can prepare for a potential recession. He then highlights how a continuing crude oil rally affects inflation. Tune in to find out more about the stock market today.
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