The Fed is desperate to push back against the highest inflation in decades. The typical reaction for stocks and bonds alike is to sell when the Fed sends unfriendly messages. When traders sell bonds, rates rise, and when sellers are in control. The Fed dragged its feet a bit in responding to post-covid inflation threat and has since been scrambling to catch up. A 1.00% hike hasn’t been seen since 1982. The market could experience a lot of volatility next week if the Fed hikes by 1.0% instead of 0.75%.Read Long Article
