
DOW BREAKTHROUGH: LONGEST WIN STREAK IN SIX YEARS 7/21/23
CNBC's "Fast Money"
00:00
The Fed's Plan to Raise Rates by a Quarter Point
I think they sort of need to. I feel like one of the things that they're trying to do is obviously have unemployment as low as it's been. They've got a couple more raises left to go. We don't know if, you know, the Chinese economy does get stronger. That does have pressure on pricing as well. So I think they're just really concerned to not repeat the mistakes of the 1970s.
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