The Money GPS

The Fed Pulls the Plug


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TOPICS AND TIMESTAMPS:

Big Day 0:00

FED SURPRISE 0:41

WHERE ARE WE? 4:34

IRRATIONAL EXUBERANCE 9:24

Powell's Stance Will Set Pace for Inflation Hawks to Wrap Up 2021 - Bloomberg

https://www.bloomberg.com/opinion/articles/2021-12-15/powell-s-stance-will-set-pace-for-inflation-hawks-to-wrap-up-2021?srnd=premium-canada

The Fed Meets Amid Faster Inflation and Prepares to React - The New York Times

https://www.nytimes.com/2021/12/14/business/economy/fed-meeting-inflation.html

Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record

https://www.cnbc.com/2021/12/14/wholesale-prices-measure-rises-9point6percent-in-november-from-a-year-ago-the-fastest-pace-on-record.html

Fed Policy Is Seen as the Main Risk for Equity Markets Next Year - Bloomberg

https://www.bloomberg.com/news/articles/2021-12-14/world-s-money-guardians-fret-central-banks-may-ruin-stocks-party?srnd=premium-canada

3-Month London Interbank Offered Rate (LIBOR), based on U.S. Dollar (USD3MTD156N) | FRED | St. Louis Fed

https://fred.stlouisfed.org/series/USD3MTD156N

Bank of England plans to remove interest rate rule for mortgages | Bank of England | The Guardian

https://www.theguardian.com/business/2021/dec/13/bank-of-england-plans-to-remove-interest-rate-check-for-mortgages

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The Money GPSBy David Quintieri

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