4min chapter

The Macro Trading Floor cover image

Felix Zulauf: The Fed Is Making A Policy Error

The Macro Trading Floor

CHAPTER

Introduction

Alth: The European central bank meeting was the biggest in Christine Lagarde's era. She announced a quantitative tightening and said they would raise rates by 50 basis points not only now, but also in February or March. Alth says he is utterly impressed because for the first time in a while I actually understood what she wants to come up. "The market needs to take this as a signal"

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