Why Wall Street and the Fed Have Been At Odds Lately

P.M. Edition for Aug. 19. Wall Street and the Federal Reserve are playing a high-stakes game around inflation. The Fed has approved several rate hikes this year to tame high prices, and it has several more penciled in over the next few months. In the first half of the year, markets were down on that news. But for the past four weeks, they have been up overall. Markets reporter Akane Otani joins host Annmarie Fertoli to explain what is behind the shift and what it means for the Fed and for Wall Street. Learn more about your ad choices. Visit megaphone.fm/adchoices