Stocks Struggle To Claw Back Losses Following Fed Hiking Inflation Forecasts

Published: June 17, 2021, 7:33 p.m.

b'David Dietze says stocks are struggling to claw back losses a day after the Fed raised its inflation forecast. Plus, taper could start sooner-than-expected. He says the Fed has lost some credibility by revising its forecast materially, but the real question is whether the recovery from the pandemic is on track.'