Tag: latitudes

(5 April 2022) US stocks fell today after the normally dovish Fed Governor Lael Brainard sounded a lot more hawkish by committing to a rapid selling of QE assets from its balance sheet in order to tackle inflation.   No matter how much the Fed may want to keep the stock market bubble going, it seems it can no longer ignore its mandate of price stability during this midterm election year.  The cycle of monetary tightening which began at the last FOMC meeting on March 16 will only...