Powell Pulls the Hope Out From Under the Market – Ep 852
The Peter Schiff Show Podcast
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Introduction
The Federal Reserve delivered on market expectations for another 75 basis point rate hike. But what the Fed failed to deliver was on the expected softening in the Fed's stance on the future trajectory of interest rate hikes. Peter Schiff: I believe the Fed was forced into making that pivot because it stood on the precipice of a bond market crash, which was in the process of happening.
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