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Markets Offer Cryptic Response to Fed Guidance
Posted
December 5, 2022
Views
508
Likes
6
Engagement
1.18%
December 5, 2022
508
6
1.18%
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1:07Now PlayingThe Fed doesn’t offer investment advice, but it does offer “guidance”and markets often draw unpredictable conclusions. On Nov. 2, Fed Chair Jerome Powell reiterated the Fed’s determination to maintain an upward course with rates, yet the market responded by pushing forward rate expectations lower. What’s the psychology behind market recalcitrance? Presented by @cmegroup
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