Attention Economy


Tuesday, August 2, 2022

The Illusion of a Fed Pivot


Are investors right in expecting a dovish Fed pivot? BY VIVEKANAND JAYAKUMAR| The Hill, 08/02/22
https://thehill.com/opinion/finance/3582559-are-investors-right-in-expecting-a-dovish-fed-pivot/
If investors are indeed misreading the Fed’s commitment to maintaining a tight policy for a prolonged period and are failing to adequately take into account future inflation risks, then recent stock and bond market rallies may well prove to be premature and even counterproductive.