4min chapter

FYI - For Your Innovation cover image

Gilt Trip with Cathie Wood

FYI - For Your Innovation

CHAPTER

The Fed's Close to Pivoting, Even in Its Rhetoric

The 75 basis point increase is going to result in some financial signals that the Fed will have to pay attention to. We think the pivot is close if in nothing else but red air in the short term. And we certainly hope that the Fed gets away from this need for unanimity and a united front when really we have all of these Fed members and presidents for a reason to debate.

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