Fed in Focus – Speak Loudly When Carrying No Stick
February 23, 2022 at 17:12 PM EST
By Michael Paciotti, CFA “Speak softly and carry a big stick; you will go far.” – Theodore Roosevelt Executive Summary • With inflation continuing to press above 7% at the consumer level, markets are now pricing in an 83% probability of 6 or more 25bps rate hikes by the Fed in 2022, simultaneously...
