Discussing the Fed’s Rate Announcement & PacWest’s Tumble | May 4, 2023

Discussing the Fed’s Rate Announcement & PacWest’s Tumble | May 4, 2023 – Morning Market Briefing

May 4, 2023 · 14m 52s

Description

Tom and Moe boycott Star Wars Day and jump into the analysis of the Fed’s decision and rhetoric from the announcement yesterday afternoon. What started as a neutral announcement quickly...

Tom and Moe boycott Star Wars Day and jump into the analysis of the Fed’s decision and rhetoric from the announcement yesterday afternoon. What started as a neutral announcement quickly turned hawkish as Chairman Powell fielded questions. What does this announcement mean for the terminal rate and how will the economy and the market respond?

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