HomeMarketsIndicesSkeptical The Fed Will Raise Rates Another 1.5%
Skeptical The Fed Will Raise Rates Another 1.5%

"One could argue inflation was already slowing before the September Federal Reserve interest rate hike. The underlying economy remains strong and I am skeptical the Fed will raise rates another 1.5%. We could still end up in a recession, but I do not think it will be severe. The stock market is starting October trying to recover from a brutal September, which ended with the market overall down by about 25%," says David Scranton.

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05 Oct 2022

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