The Fed’s pause will be long-lasting


27 Sep

The Fed’s pause will be long-lasting

The Fed decided not to touch its key rates on 09/20, and in our view this marks the start of a long phase of stability which will soon be seen as the end of one of the most rapid and severe monetary tightening cycles in recent history. Between what the Fed Chairman can't say, what he'd really like to say, what he thought (...)

Despite its perceived hawkish rhetoric, the Fed will no longer raise rates

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