Fed’s Bear Hug Won’t Be So Tight


Fed’s Bear Hug Won’t Be So Tight
— David Reilly
The Wall Street Journal Europe
12 Mar 2015

The past won’t necessarily be prologue, at least when it comes to the looming Federal Reserve interest-rate tightening cycle. Convincing markets of that will be a tough sell for the Fed, though. Witness the market’s sour reaction to better- than-…read more…

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