Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
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The Impacts of the Fed's Rate Hike on the Market
The last time the Fed attempted to hike rates, and I believe it did so with Ford guidance, but a tight saying we're going to raise this. That resulted in the ultimate not a Santa rally, but a Santa sell-off. What are the impacts of hiking interest rates? And also, tell us about how it's now done by like a RRP rather than like changing the reserves because that there are too many reserves.
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