FOXNEWS Your World With Neil Cavuto January 26, 2022 21:34:00
So it's a delicate balance. markets didn't like that quite a bit of room comment to raise interest rates. we are left wondering how high they will go. >> and a delicate balance for the market. the economy over the last few years has been the market and the wealth effect. you lose the wealth effect, and that is a big problem for the economy. so jay powell i think has boxed himself in. he is darned if he does and doesn't at this juncture. but i must tell you, he's got to raise rates. the last time we had 7% inflation, i think fed funds were above 10%. the only reason they are this low because he...
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