The Fed Decision 7/27/22
Jul 27, 2022•1 hr 23 min
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Episode description
The Fed hikes rates by 75-basis points to fight inflation. Stocks didn’t move much when the statement was released but when Chairman Powell also said the central bank could slow the pace of hiking at some point, stocks took off. An all-star panel of experts offered their analysis of the decision and Former Fed Governor Frederic Mishkin weighed in.
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