Source: Schwab Network News Agency
5 days ago
General Medium Importance
Danielle DiMartino Booth on Fed's Rate Hike, Consumer Strength & AI Trade Warning

Danielle DiMartino Booth on Fed's Rate Hike, Consumer Strength & AI Trade Warning

Danielle DiMartino Booth (@DanielleDiMartinoBoothQI) discusses the market reaction to the Fed raising interest rates for the first time since July 2023. She gauges questions around whether the average U.S. consumer will stomach the rate hike, or the start of a hiking cycle, as inflation pinches American wallets.
Source: Schwab Network
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