Markets Finally Believe Fed is Serious about Inflation
The Fed raised rates 0.75% last week, the biggest single move since 1994 Market participants imply that rates will move from 1.75% to 3.56% by year-end Perception of a hawkish Fed may help avoid a wage-price spiral & severe recession Last week the Federal Reserve raised rates by 0.75% or 75 basis points (bps). […]
