Sheila Bair, former Chair of the FDIC, expresses concern that inflation remains a genuine threat to everyday Americans. She critiques the Federal Reserve's focus on the labor market and suggests that broader economic factors are being overlooked.
Negative
Given the ongoing inflationary concerns highlighted by Sheila Bair, there could be potential increases in interest rates or continued volatility in the financial markets. Inflation could pressure the Federal Reserve to react, impacting sectors sensitive to rate changes.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.
Oct 10, 2024, 1:46 AM
U.S. Treasury yields were mixed Thursday as investors continued to digest meeting minutes from the Federal Reserve and awaited fresh inflation data.
Oct 9, 2024, 2:00 PM
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.