'Following the Fed'

Channel Capital Research founder Doug Roberts talks about his investing strategy, which is linked to moves by the Federal Reserve

For weeks, the financial markets have been trading on worries that the Federal Reserve could hike interest rates on signs that inflation growth was breaking above the central bank's comfort zone. On June 28, the Federal Open Market Committee, the Fed's policy-making arm, chose to hold the Fed funds rate steady at 5.25%, the level at which it's been for the past year.

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