June 29, 2021・Original Analysis
The Fed Is Doing a Lot of Talking But What Is It Actually Doing?
The markets have obsessed over what the Fed is saying while almost completely ignoring what it’s actually doing. After the June FOMC meeting, markets reacted to the hint that the Fed might start raising interest rates in 2023 instead of 2024. But of course, it didn’t move rates up from zero. And while the Fed […]
