Reaction to Fed Rate Hike Somewhat Puzzling

Blake Young

In this weekend update, we look at the reaction to the rate hike from the FOMC as a fundamental divergence. This week, the FOMC raised rates by 25 basis points as was expected. Janet Yellen even signaled an expected 3 rate hikes (including this week’s hike) by the end of 2017. She still included her […]

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