The Fed remains hawkish

The last #FOMC meeting minutes were published yesterday. A key part read: "A number of participants observed that a policy stance that proved to be insufficiently restrictive could halt recent progress in moderating inflationary pressures." In othe words, “We” need to finish the job. The equity markets may need to adjust further to the possibility of additional #ratehikes until inflation is under control, even as the fed is trying to leak that the inflation goal may change from 2% to 3%.

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