Hawkish Fed, Oil CEO hearing, mortgage rates. 4/6/22

Fed Chair Lael Brainard struck an unusually hawkish tone regarding raising rates. We discuss what it means for the Fed and the markets. Plus, oil and gas CEOs are heading to Capitol Hill today for a hearing about gas prices. We discuss what to expect with Anne Bradbury. And our own Diana Olick discusses the ripple effects of the 30 year mortgage rate moving past 5%. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.