Skeptical The Fed Will Raise Rates Another 1.5%

Published: Oct. 5, 2022, 7:38 p.m.

b'"One could argue inflation was already slowing before the September Federal Reserve interest rate hike. The underlying economy remains strong and I am skeptical the Fed will raise rates another 1.5%. We could still end up in a recession, but I do not think it will be severe. The stock market is starting October trying to recover from a brutal September, which ended with the market overall down by about 25%," says David Scranton.'