Battling Competing Problems, Fed Keeps Hike Small

In its ongoing efforts to cool the economy and bring down sticky inflation, the Fed has been pulling liquidity out of the financial system through a series of rate hikes. Now, to avoid a crisis in the banking system, they are providing billions of dollars of liquidity back in. Liz Ann Sonders, Schwab's chief investment strategist, joins host Mike Townsend to share her perspective on the Fed's latest 25-basis-point rate hike and discuss how the Fed is juggling these two competing pressures. She also explains the turmoil in the banking sector, considers what’s happening with the jobs market and the economy in general, and shares her thoughts on the chances for recession. And Liz Ann provides some important reminders on ways investors can approach these challenging times. 

WashingtonWise is an original podcast for investors from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.

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