FOMC decision is announced today, December 14th at 2pm ET. George Pearkes discusses what to expect from the Fed, as well as the consumer price index for November 2022. He talks about how the markets are pricing in the Fed's rate hikes, in addition to the Fed's fight against inflation. He then goes over the outlook for rates in 2023. He compares yield curve inversions and recession. He also mentions tomorrow's Global Central Bank schedule which includes the Bank of England and the European Central Bank. Finally, he goes over how the Fed's plans will impact the dollar (/DX). Tune in to find out more about the stock market today.
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