'Big Short' Steve Eisman says a Fed pause would be bad news for stocks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

'Big Short' investor Steve Eisman says it'll be bad news for stocks if the banking crisis causes the Fed to pause: 'You should be scared'

Investors should start worrying if the US regional banking crisis forces the Federal Reserve to halt its interest-rate hiking campaign next week, Steve Eisman has warned.

"If the Fed doesn't raise rates … maybe it'll be positive for a couple hours or a couple of weeks," he added."But the Fed won't be raising rates because it's scared.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How much he need to print?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines