As The Once Hot Economy Smolders, A Hawkish Fed Gets New Ammo

As The Once Hot Economy Smolders, A Hawkish Fed Gets New Ammo

At mid-week, it was apparent that the Fed did not want the credit markets to move to lower rate levels, so several Federal Open Market Committee (FOMC) members made hawkish public comments, and, rates began to move up as they pontificated.

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