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 Two More Rate Increases
Tom Mieszow, CEO of KBW: "I think the economy is slowing. So I think we're near the end of this rate increase cycle" He says banks were already tightening in the fourth quarter of last year and loan growth had been slowing. The Fed's statement today was more about watch what they do rather than what they say, he adds.
Play episode from 11:58
Transcript
