KG: Ecodata Complicates Fed's Rate Direction, Wall Street Bakes in 25 Bps Hike

By Schwab Network

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Kevin Green believes a 25-bps interest rate hike from the Fed is baked into markets. The question comes down to whether Fed Chair Kevin Warsh's tone will tilt hawkish or dovish on the future of rate decisions. With the U.S. consumer staying resilient, seen in the latest retail sales print, KG sees an interesting case for either direction. As the U.S. maintains course on building out AI infrastructure, he highlights how earnings projections from transport companies like J.B. Hunt (JBHT) complicate momentum. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreepl