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The Fed policy error that should worry investors
By John Hussman
Why the stock market hates the idea of rising interest rates
By Greg Iacurci
U.S. Economy Grew 1.7% in 4th Quarter, Capping a Strong Year (Published 2022)
By Joseph Smith
Fed likely to hike rates in March as Powell vows sustained inflation fight
By Ann Saphir & Howard Schneider
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Formerly TwitterHeather Long
byHeatherLong
Fed Chair Powell summary today:
1) A rate hike is very unlikely
2) His base case is to cut rates later this year, but it’s not a given
3) No sign of stagflation
4) 3% inflation is not acceptable
#Fed #economy pic.twitter.com/s6UwoWoSuz
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Heather Long
byHeatherLong
“I don’t see the stag or the ‘flation” - Fed Chair Powell sees no signs of stagflation
He expresses surprise people are talking about it right now with strong growth and inflation at 3% pic.twitter.com/KqqlZOwXFT
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Mohamed A. El-Erian
elerianm
Posted earlier:
As a follow-up to yesterday's #FederalReserve press conference, here are some thoughts on why Chair Powell's surprisingly dovish tone and content may end up being appropriate...though not for the reasons he put forward.
www.ft.com/content/aa8c68f7-9dad-465f-ab92-c64c38337a84
#economy…
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Mohamed A. El-Erian
elerianm
From @CNBC, the day after the #FederalReserve's policy announcement and the Chair's press conference.
So much for the effectiveness of the Fed's forward policy guidance.
While the concept of forward policy guidance is sound, the way it has been implemented in recent years has… pic.twitter.com/8C1wVHYWEJ
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Bank of America says it sees seven Fed rate hikes this year
By Karen Brettell, Tomasz Janowski & Chizu Nomiyama