David Scranton: Fed has indicated it’s staying on course to rate hikes despite growing criticism

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David Scranton, CEO, and Founder of, “Sound Income Strategies” discusses with Kurt Schemers on Traders Nation® that the Fed has indicated it’s staying on course to rate hikes despite growing criticism from some in the market and the current Administration.

Additionally, the Fed is sending a message to the bond market, by action, “we’re doing this”. Discover what effect this decision has on bonds. And, will there be more rate hikes by the end of the year?

Another concern, is, will the Fed rate hikes get in the way of a booming economy? The Fed has to walk a fine line of increasing the rate without hampering the economy, which on appearance, is firing on all cylinders. And, since inflation is a concern for the Fed, is one of the solutions to combat inflation is to increase government spending while raising rates. Get the details and numbers – tune in today.