Federal Reserve and the markets in standoff on rate hikes (access required)

By: The Associated Press January 26, 2023 Comments Off

Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, investors still don’t seem to fully believe what the Fed warns is coming next: Higher rates through the end of the year, which could sharply raise unemployment ...

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Federal Reserve and the markets in standoff on rate hikes

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