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Will What the Fed Says be More Important than What it Does?

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? Will What the Fed Says be More Important than What it Does? Reviewed by Marc Chandler on February 01, 2023 Rating: 5
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