Markets to Fed: We’re Easing Whether You Like It or Not

Markets to Fed: We’re Easing Whether You Like It or Not

The financial markets now recognize that the Recession has arrived, and given those markets, it’s time for the Fed to stop tightening, if not beginning to lower rates. And because the Fed isn’t doing that, the markets are doing it for them. Not that the Fed will like it. The Fed, of course, does care; […]