A top market strategist gives his thoughts on the Fed and the markets as the final rate hike of 2022 arrives

Dec 14 2022 by Business Insider

 

Hi you. I'm senior reporter Phil Rosen. 

At 2 p.m. ET, I'll be tuning in for the Federal Reserve's final interest rate announcement of the year. Everyone's expecting a 50-basis-point hike, which would be smaller than the last four but still jumbo by historical standards. 

Fed Chair Jerome Powell is slated to speak at 2:30 p.m. ET, and I, like many of you, will be hanging on his every word for an inkling of what the central bank is thinking about the economy.

Ahead of this year's final and...

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