Fed to stock market: Big rallies will only prolong painful inflation fight

Fed to stock market: Big rallies will only prolong painful inflation fight

Business
January 5, 2023 by secret
202
[ad_1] It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken as a warning to financial market participants that bets on a policy pivot in 2023 aren’t welcome. And, to the extent that equity