What “Higher for Longer” Means for the Markets and Economy 12/14/22
CNBC's "Fast Money"
00:00
Introduction
Fast Money Live looks at a volatile market reaction to the Fed's latest policy move. Jerome Powell dashed hopes that a pivot was imminent and suggested the central bank would keep raising rates through next year. Does this mean growth will be lower for longer? And we'll ask him how he and so many investors got duped in what the new CEO called a straight up embezzlement scam.
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Transcript
