The Fed Begins Tightening
Talon Wealth
MARCH 22, 2022
US equities jumped this week as the cost of oil fell. Economic indicators revealed an economy still running hot, with retail sales and manufacturing indicators all showing growth. The biggest news came from the Fed, as the FOMC voted to raise rates by 0.25%, in line with analyst expectations. This marks the first rate hike in over three years and the beginning of a more hawkish approach by the Fed.
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