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    HomeNewsOpinionThe Fed stares down markets

    The Fed stares down markets

    The Fed is insisting, loudly and repeatedly, that it’s serious about raising interest rates

    Financial Times
    ©The Financial Times Limited 2020 Aug 19, 2022 / 01:04 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Powell must make clear that even if the Fed pivots to smaller interest-rate increases in coming months, that does not necessarily indicate a lower peak 
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