Wednesday’s rally notwithstanding, the central bank could do more damage to equities as it keeps tightening
The Federal Reserve's main tool for managing the economy is to change the federal funds rate. WSJ explains how the Fed manipulates this one rate to guide the entire economy. Illustration: Jacob ReynoldsIt has been a rough year so far for the stock market, despite Wednesday’s rally. Unfortunately for investors, the Federal Reserve probably doesn’t feel their pain. Nor is it likely to soon.
Nor should they be, it is not their mandate. They should just care about a functional market.
OR. late A.G. Dave Frohnmayer'd deleted all the record in Lane County that shows I'd changed my name to Nadia Sindi. Lift Faika Sindi. Changed first letters made it Saika Findi! Trapped me in a criminal record since 1987!
Over years, The Fed was stock markets best friend, wasn't it?
FBI CIA arrest Warren Buffett (He was Chairman and CEO of Berkshire Hathaway) asap
Bolsonaro is lying to the world, betraying USA and Europe. Do not put your Money in Brasil. Do not buy Agricultural products from Brazil. It has pesticide in very high and dangerous levels.
I m agrée
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »
Source: Forbes - 🏆 394. / 53 Read more »