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Fed's Daly says financial markets are acting like interest rates are much higher than they actually are

Por: MarketWatch Business November 22, 2022

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Markets appear to be feeling an impact from the shrinking of the Fed’s balance sheet, or quantitative tightening. In addition, the market is paying attention to the central bank’s forward guidance about the need for higher rates, Daly said. She spoke to the Orange County Business Council and took questions from reporters afterward. The Fed said earlier this month that it will keep raising rates until the level is “sufficiently” slowing... + full article



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