Fed Hikes 75bps: Remains “Highly Attentive” To Inflation But Cautions Economy “Softening”

0
157
Since the last FOMC Statement on June 15th, we have witnessed the biggest combined stock-bond rally in more than two decades – Stocks and bonds have soared in the last month, the dollar rallied, but gold has been clubbed like a baby seal… As Bloomberg notes, fixed-income and equity bulls are likely expecting that Fed Chair Powell’s hawkish mission will be tempered by signs inflation has peaked as an economic downturn nears – a wager not without significant

This content is restricted to site members. If you are an existing user, please log in. New users may register below.

Existing Users Log In
   
New User Registration
*Required field