Thursday Oct 26, 2023
Has the Fed lost control?
The U.S. Federal Reserve, or the Fed as it’s known, is once again caught between a rock and a hard place, says IG Wealth Management’s Chief Investment Strategist, Philip Petursson. On one hand, the Fed doesn’t want to hike interest rates and trigger a recession into 2024. On the other, it sure doesn’t want to slash them. Philip says markets are beginning to come to terms with this standoff.
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