Banking crisis doing Fed’s work, creating a window for stock rally

CNBC Investing Club with Jim Cramer

Rob Kim | NBCUniversal

Enough with the confusion. Let me lay it out for you. We want the Federal Reserve tightening cycle to end and to end now. We do not want an immediate set of interest rate cuts because there’s little doubt that by doing so the Fed will undo a lot of what it has accomplished and it has accomplished a great deal. But it’s not enough to take inflation down to 4% let alone 2%. which is its ultimate target.

Source link

Leave a Reply