4min chapter

Forward Guidance cover image

Has the Fed Abandoned Risk Assets? | Joseph Wang

Forward Guidance

CHAPTER

The Importance of Forward Pricing on Fed Funds Futures

Powell has a really good grasp as to what the market is pricing, better than any market participant because he surveys so many people. He's been doing this for some time and I think he knows what he's doing. Hikes are going to get more aggressive. We're not there yet but I think we're going to get there.

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