
CNBC Special Report: Taking Stock 3/3/23
Mad Money w/ Jim Cramer
00:00
The Fed Funds Rate at Zero Is Consistent Tightening
The Fed finally has the Fed funds rate at and around the level of inflation. I think that they need to acknowledge that it's not how high from here they take interest rates that will sort of help their battle against inflation. Just keeping rates high for a while is itself consistent tightening.
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