Stocks and the Fed: Markets may finally be giving the Fed what it wants: WSJ’s  Nick Timiraos

The Fed motioned to pause interest rates in September with the possibility of one last hike to come in 2023. But after tightening for so long, could markets finally be giving regulators the go-ahead to do what needs to be done? The Wall Street Journal Chief Economics Correspondent Nick Timiraos joins Yahoo Finance Live anchors Josh Lipton and Akiko Fujita to discuss the inner-narrative of the bond market and key indicators seen in the Fed’s “dot plot.” “What you’re seeing now could actually lead to the tightening and financial conditions that we didn’t get earlier when the Fed was raising rates faster, but the market was saying, ‘Well, you’ll cut sooner. you’ll cut sooner,'” Timiraos explains. “So you didn’t see mortgage rates rise nearly as much as they have in the last few weeks.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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