What “Higher for Longer” Means for the Markets and Economy 12/14/22

CNBC's "Fast Money" - A podcast by CNBC

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The Federal Reserve raised rates to their highest level in 15 years and chair Jay Powell suggests the central bank will keep hiking through next year. So what does this mean for the markets and, specifically, the growth trade? Plus Shark Tank’s Kevin O’Leary joins us straight from his Capitol Hill testimony on the FTX collapse. What he told Congress and what his take on crypto is now.