After turmoil in China set a negative tone, a Fed governor suggested the market was underestimating the chance that the central bank would have to keep raising rates.
Tag: Federal Open Market Committee
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The Fed’s Newfound Aggressiveness Is Concerning
Its fight against inflation could very well cause a recession.
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How Inflation Is Affecting Money Market Funds
At last, interest rates for money market funds have started to rise. But inflation means that in real terms, you’re still losing money.