Page 20 - Fed Pivot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fundstrat's Tom Lee ruled out the possibility of a Fed pivot, but suggested a pause is more likely after two expected rate hikes by year-end.

Stresses and strains in the financial system are piling up. Here's where Jamie Dimon, Cathie Wood, Larry Summers and other experts think a rupture could come.

But a "crack" could first hit markets before it hits the real economy, he told CNBC, warning of a potential downside for investors.

The Fed is likely to hike interest rates another 75 basis points at its November meeting as it continues to struggle with high inflation readings.

The Fed won't pivot from its aggressive rate hikes yet because US gas prices are ticking higher and more US economic weakness is needed first, Goldman Sachs said.