Bond Market Today Will Force The Federal Reserve To Hit The Brakes

Published: Sept. 8, 2022, 12:24 a.m.

b'"Jerome Powell\'s plan has worked as interest rates spiked and the stock market fell after Jackson Hole. The Federal Reserve trying to raise interest rates is enough to slow inflation while avoiding a recession. I think Fed\'s jawboning will have limits. Eventually, the bond market will force the Fed to hit the brakes," says David Scranton. Scranton also weighs in on what a yield curve inversion means for investors.'