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The big question among experts is “Will the Fed actually pivot?”
As you may have noticed, the Federal Reserve has been raising interest rates to help cure soaring inflation. Traders worry that continuing the rate hikes could tip the US into a looming recession. Just as we thought we were headed in that direction, data showed US job openings in August plummeted—the most since early in the pandemic—leading to speculation the Fed might “pivot” from its path of sharp interest rate hikes.
Watch this special episode from Adam Taggart, Founder of Wealthion, and his guest Lance Roberts as they discuss if the Fed will actually pivot from its current trajectory.
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