Fed is now playing catchup

“We had a hawkish surprise from the fed yesterday,” said Point72’s Chief Economist, Dean Maki. “We’re seeing the economy turn stronger, we saw it in the third quarter, and we’re seeing it globally as well.”  Maki  appeared on CNBC to discuss the Federal Open Market Committee’s economic outlook with Kevin Caron, a Portfolio Manager from Washington Crossing Advisors, and anchors Wilfred Frost, Sarah Eisen, and David Faber.

Watch the full segment here.