View full page at forexfactory.com

 

Cramer: The Fed may already be winning the war against inflation and needs to pause the rate hikes

From cnbc.com

CNBC's Jim Cramer argued on Wednesday that "mixed" economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market's volatile trading session. "Remember what's at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what's really going on in the economy. If the economy's fabulous, then the Fed's current course — one rate hike in December followed by three more next year — is correct," the "Mad Money" host said after the Fed reaffirmed its rate-hike plans. But if the economy turns out to be weaker than it appears, then the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis