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Hakimian: Fed Faces ‘Crisis of Credibility’ as Both Sides of Dual Mandate ‘Move Away From Them’

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Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Spencer Hakimian says the Fed statement was more dovish than expected, but the press conference was more hawkish, creating a market whipsaw. “Both sides of their dual mandate…are moving away from them.” Spencer looks at inflation and labor markets and discusses the “crisis of credibility” for the Fed. He looks ahead to the jobs report tomorrow as the “next big event.”

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7414 episodes

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Manage episode 506984601 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Spencer Hakimian says the Fed statement was more dovish than expected, but the press conference was more hawkish, creating a market whipsaw. “Both sides of their dual mandate…are moving away from them.” Spencer looks at inflation and labor markets and discusses the “crisis of credibility” for the Fed. He looks ahead to the jobs report tomorrow as the “next big event.”

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

7414 episodes

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