FOMC Minutes Signal Hawkish Fed Fears “Significant Upside Risks To Inflation”
August 16, 2023 at 14:05 PM EDT
Since the last FOMC meeting (on July 26, when The Fed delivered the expected 25bps hike and almost unchanged statement), the dollar has rallied aggressively while bonds, bullion, and big-tech have been battered. Bitcoin is basically unch… Source: Bloomberg Most notably, in equity-land, after an initial rise, we have seen cyclicals underperform defensives since the […] Source
