Fed Gets Aggressive: What's It Mean for Investors?

June 16, 2022
Sticky inflation leads Fed to give rates a bigger bump. Could change be on the horizon for the economy and the markets?

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After you listen

After the recent disappointing inflation report, the Federal Reserve raised interest rates by 75 basis points—the largest Fed increase in 28 years. Kathy Jones, Schwab's chief fixed income strategist, joins Mike Townsend to discuss the implications for the economy and the markets of the Fed's aggressive move. They also consider whether corporate bonds are a good option in this environment and how the bond market is acting as a signal that a recession may be with us soon.

Mike also provides updates on two bills―one dealing with retirement savings and the other focused on cryptocurrency regulation―that have begun moving through the Senate. And he highlights the potential implications for individual investors of a recent speech by the SEC chair about his plans for a major overhaul to how the stock market operates.

WashingtonWise is an original podcast for investors from Charles Schwab.

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