Pause, Skip, or Hike? w/ Dr. Komal Sri-Kumar
Real Vision: Finance & Investing
00:00
The Fed's New Word: Skip
The Fed is expected to announce its decision on interest rates next week. CNN's John Sutter says he expects the rate increase will not be announced until June 14. The expectation is that inflation will remain close to previous high levels, which would make it difficult for Jerome Powell to sing past tunes at a press conference if they hike again in July. "They've now introduced a new word into the vocabulary to the jargon," Sutter said.
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