Hawkish Fed Flies Fast and Furious as Economic Outlook Fogs
The Fed is getting aggressive in selling down bond holdings, so here's my take on what that means for investors and recession risk -- and why the Fed's moves are akin to backing into a parking space quickly with no rearview mirror.
The Federal Reserve, we have now learned, plans to get aggressive in selling down its bond holdingsWe learned this after the Fed on Wednesday released the minutes from its March 16 meeting and after a speech on Tuesday from Fed GovLael Brainard. Here's what this means for investors -- and my take on other tidbits from the Fed minutes, including i...
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