Fed "Fighting Wrong Fight?" How Global Picture Complicates Interest Rate Outlook

By Schwab Network

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As the Fed readies to decide on the direction of interest rates at the end of October, William Lee tells U.S. investors to look abroad. He explains how countries like France and other European giants "lost" the central banking narrative and discusses ways it applied to the U.S. William adds that the Fed is "fighting the wrong fight" in its efforts to curb inflation. Josh Taves expands more on the debt outlook and pressures it places on an already-strained inflation picture. He believes another rate hike is likely in October as opposed to December. Hear William Lee on his recent appearance of Market Matters with Marley Kayden: https://www.youtube.com/watch?v=U_u9mvbyclU ======== 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-Ameritr