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Weakening Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNN CNN This Morning Weekend June 4, 2024 11:14:00

there are already cracks in this economy. if you talk to a weakening fed, you get rising recession fears. powell and the fed are probably just fine with this selloff. their inflation fighting campaign, it requires tighter financial conditions. they know the more hawkish they sound the less work they have to do. they don t want the market to boom. in some ways this market is in a lose-lose situation right now. because good economic news is being treated as bad news by investors because it means a tougher fed. bad economic news is bad for everyone because it raises the risk of a recession. still, some investors i talked to, they argue this selloff is getting out of you hand. veteran market strategists are hoping, he told me it s too soon to be sounding the recession alarm bells. and this drop is likely overdone. what s clear is that the market

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