Each time the Federal Reserve has suggested it will pull back on easy money policies, the market’s negative reaction makes it harder to follow through. Talk of a new plan to raise short-term interest rates ahead of next week’s Fed meeting is already having an impact. WSJ’s Chief Economics Correspondent Jon Hilsenrath reports.
Tag: Federal Reserve Board
VIDEO: Heard: Investors Shouldn’t Misread Fed as Dovish
Assumptions by investors that the Fed is turning dovish on rates could prove to be costly. WSJ’s Justin Lahart explains. Photo: Getty
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