“Higher For Longer” Will Suffer The Same Fate As “Transitory”

As expected, the Fed “paused” at its September meetings. And while the Fed’s administered rates did not change, the markets interpreted this as a “hawkish” pause, and market rates across the spectrum rose in the aftermath of the Fed statement and the Powell press conference. The “hawkishness” can…#fomc #ustreasury #m2 #miltonfriedmanschool #recessions #treasury #realretailsales #q3 #housingstarts #multifamily

Source: Reuters: Health - September 23, 2023 Category: Consumer Health News Source Type: news