Wednesday, February 1, 2023

The Fed versus the Markets - Latest Edition

Wall Street: We Want Lower Rates. The Fed: Not So Fast
https://www.bloomberg.com/news/articles/2023-02-01/fed-interest-rate-hike-is-latest-salvo-in-wall-street-battle
Traders keep bidding up stock and bond prices in hopes that the central bank will declare victory over inflation.