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Markets

FOMC Launches $15BN Taper, Reiterates Inflation ‘Transitory’, No Rate HIke Discussion

The Fed's Inflation Is behind Supply Chain Mess

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Since the last FOMC statement (and press conference) on Sept 22nd, when the ‘t-word’ was first uttered with malice, stocks have soared higher, bonds are ugly and gold and dollar are barely changed…

But, in what Peter Thiel calls “the most honest market we have,” bitcoin has soared to new record highs since the last Fed statement…

As the market has ripped extremely hawkishly, implying more than 2 rate-hikes by the end of next year and pulling forward the first rate-hike expectations to June…

To read more visit Zero Hedge.

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1 comment

ProudUSAGirl November 4, 2021 at 5:52 pm

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