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Rebel Capitalist News

Joseph Wang LIVE (Fed Interest Rate Hike Predictions)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 15 December 2022

⏱️ 52 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello fellow rebel capitalists hope you're well. I'm here with my good buddy Joseph

0:04.5

Wang Fed Guy 1-2 on Twitter and he is the ultimate Fed Insider so we know that

0:12.1

tomorrow we get the

0:13.2

CPI number out. We just did a video on that. But then

0:16.4

Wednesday the Federal Reserve comes out and they're going to announce

0:20.7

what the next rate hike might be.

0:23.4

So I thought there's no better person to get on and discuss what the Fed will most likely do,

0:28.4

not just on Wednesday, but at their next meeting in February and then throughout 2023. No better person than

0:36.3

Joseph Wang so we got him here right now for you. Joseph welcome back to the

0:40.1

show buddy. Hey thanks for inviting me. It's a pleasure to be here.

0:43.0

And George, you make a great point.

0:45.0

It's not really about what the Fed would do.

0:47.2

This week, it's really about the trajectory of rate hikes that we should be focusing on.

0:51.2

Yeah, so let's start. I as doing my little drum roll right there.

0:55.3

What do you think they're going to do on Wednesday with consensus at a 50 basis point hike or

1:00.8

you have a chance of 50 basis point hike hike now this is how the Fed works the

1:05.2

Fed does not like to surprise the markets it doesn't really help anyone so when they're

1:09.4

going to do something they telegraph it far in advance.

1:12.6

And if they ever suddenly change their mind,

1:15.2

they'll leak it out to the press

1:16.6

so that the market can adjust.

1:17.8

And we've seen that happen with the Wall Street Journal

...

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