Fed's Warning on Credit and Rate Hike Sparks Investor Concerns.
TL;DR Summary
The Federal Reserve's decision to raise interest rates was seen as dovish by the markets, but Chairman Jerome Powell's warning on credit conditions spooked investors. Powell stated that the central bank is monitoring the risks posed by highly-leveraged companies and that the Fed is prepared to act if necessary. The warning caused stocks to fall and bond yields to drop.
- Markets saw a dovish Fed hike but Powell's warning on credit spooked investors CNBC
- If the Fed tightens further, this banking crisis could fuel more panic, says Fundstrat's Tom Lee CNBC Television
- Analysis | As Fed Nears Rate Peak, Be Careful What You Wish For The Washington Post
- Fed's 'freshmen' in focus as markets brace for interest rate decision youtube.com
- As Fed Nears Rate Peak, Be Careful What You Wish For Bloomberg
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
0 min
vs 1 min read
Condensed
46%
111 → 60 words
Want the full story? Read the original article
Read on CNBC