Federal Reserve Rate Hike-What now?

Another good article on the macro behind the Federal Reserve rate hike. Definitely worth reading.

So the Fed decision, statement, and commentary were largely as Macro Man expected, given the “shadow statement” presented here a couple of days ago. Sure, there were some differences- they used “gradual” instead of “cautious”, and the bit about monitoring financial markets closely and being prepared to act was […]

Federal Reserve Rate Hike