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Skeptics of Fed Pivot Vindicated as Stocks Sink on Jobs Report.
- Source :
- Bloomberg.com; 10/7/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- (Bloomberg) -- The fast money refused to join the crowd betting the Federal Reserve was about to make a friendly shift in monetary policy. Even with Fed officials beating back notions that a policy pivot is in the offing, the S&P 500 jumped more than 4% in the four days leading up to the jobs data. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 159546680