The Flat Fed

by | Nov 3, 2022 | Saul's Insights | 0 comments

As reported by Economist Elliot F. Eisenberg, Ph.D on November 2, 2022 :

Flat Fed

While the press release from today’s Fed meeting clearly indicated that the Fed will reduce the rate at which it raises rates, which was mistakenly interpreted by markets as a bullish sign, Powell went to great lengths in his press conference to quash that notion. He reiterated that there is “a ways to go” before rates stop rising, but I bet they have no clue how much higher they’ll get..

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