Investors adjust as Fed hikes, worry about clouds on horizon - ZAWYA
3/18/2022 12:00:00 AM3 years 1 month ago
by David Randall, Davide Barbuscia and Saqib Iqbal Ahmed
by David Randall, Davide Barbuscia and Saqib Iqbal Ahmed
Hiking rates should tame sky-high inflation that is biting at people's ability to purchase everyday items, but it runs the risk of crimping growth and tipping the economy into recession
NEW YORK - Investors are racing to work out how much monetary policy tightening the economy can handle as the U.S. Federal Reserve embarks on its rate-hike cycle, with some expecting an even steeper… [+4319 chars]
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