After recent banking crisis, will the Fed hike its interest rate? Expert breaks down what this means for the economy

the federal reserve
Photo credit Getty Images

The Federal Reserve is poised to hike its key benchmark interest rate by a quarter point this week, while also reassuring Wall Street it can contain the recent banking crisis. Fed Watch David Jones joins us to discuss what this all means for the economy and financial markets. He also talks about how some traders have the misguided belief that the Fed is going to pause or pivot away from current monetary policy.

Jones is also the Chairman of DMJ Advisors and author of “Understanding Central Banking."

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Featured Image Photo Credit: Getty Images