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The Fed Says The Beatings Will Continue Until Morale Improves

Por: Forbes Business September 25, 2022

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The Fed Brings Us Back Near Bear Market Lowsgetty While the Federal Reserve (Fed) delivered a 75 basis point (0.75%) hike as expected last week, the summary of economic projections (SEP) delivered a sobering message. The Fed no longer believes the U.S. can tame its inflation problem and avoid recession. This realization is terrible news in the short-term, but good news that their time in fantasyland is over. The Fed now projects the terminal... + full article



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