Markets See-Saw As Fed Indicates Rates Could Rise More than Expected, and How to Trade the Insurers After Today’s Pullback 6/14/23
CNBC's "Fast Money"
00:00
The Fed's 2% Target
The fear is that if they change that rate, that their credibility will just go to hell. They could be a discussion about changing it if they hit the 2% target and then say, you know what? 2% is too tight. We want to go to 2.5 or 3. But I don't think they're going to change it until they get to that rate.
Play episode from 06:20
Transcript
