Inflation up, labor market down: Analyst says Fed is in the worst possible position; Fed cuts rates on the short end, inflation worsens, 30 year yield rises.

The Federal Reserve is facing pressure on two fronts as inflation picks up and the labor market shows signs of slipping.

Sevens Report Research founder Tom Essaye joins Opening Bid to explain why this puts the central bank in a difficult policy spot heading into the fall.

https://finance.yahoo.com/video/fed-worst-possible-position-analyst-120031397.html




Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.