Fed Tone Tilts Toward Hawkish Stance
The Federal Reserve's tone is tilting toward the hawkish side despite no recent rate hikes. A recent vote resulted in an 8 to 4 split with three members removing easing bias commentary. This shift follows hawkish price action observed in the front end of the yield curve.
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Sources · 7 independent
Bloomberg Radio
“I think that's absolutely the correct read. So while they have not raised rates, I think the tone of the Fed is definitely tilting towards the hawkish side.”
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