One of the most interesting aspects of this week’s US Federal Reserve interest rate decision is the subtle changes in wording that have made a big difference on market expectations. The Fed has been doing what every central bank needs to do — maintain credibility in balancing the books and keeping things stable. Its wording has previously been very hawkish, going over and beyond to convince the market that it will fight inflation and bring things back in order.
We're at the foothills of the next super cycle
We're at the foothills of the next super…
We're at the foothills of the next super cycle
One of the most interesting aspects of this week’s US Federal Reserve interest rate decision is the subtle changes in wording that have made a big difference on market expectations. The Fed has been doing what every central bank needs to do — maintain credibility in balancing the books and keeping things stable. Its wording has previously been very hawkish, going over and beyond to convince the market that it will fight inflation and bring things back in order.