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Stock impact report

Cramer: The Fed may already be winning the war against inflation and needs to pause the rate hikes [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
show chapters CNBC's Jim Cramer argued on Wednesday that mixed economic data, coupled with more hawkish rhetoric from the Federal Reserve , were to blame for the stock market's volatile trading session . Remember what's at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what's really going on in the economy. If the economy's fabulous, then the Fed's current course — one rate hike in December followed by three more next year — is correct, the Mad Money host said after the Fed reaffirmed its rate-hike plans . But if the economy turns out to be weaker than it appears, then the Fed's moves could prove dire for both Wall Street and Main Street, he warned. If there are real pockets of weakness in the economy, then the Fed doesn't need to tighten four more times, he said. Maybe business has already begun to cool. Maybe they're well on their way to taming inflation. The point here is that we don't kn Show less Read more
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