Will What the Fed Says be More Important than What it Does?
Marc Chandler
February 01, 2023
Overview: The focus is squarely on the Federal
Reserve today. There is nearly universal agreement that it will lift the target
by 25 bp. The market is inclined to see the shift as a sign that the Fed is
nearing the end of its tightening cycle, and sees, at most, one more
quarter-point hike. Despite the Fed's warnings, including in the Decembe…
Will What the Fed Says be More Important than What it Does?
Reviewed by Marc Chandler
on
February 01, 2023
Rating:
