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Discussing the Fed’s Rate Announcement & PacWest’s Tumble | May 4, 2023 – Morning Market Briefing
Published 3 years, 5 months ago
Description
Tom and Moe boycott Star Wars Day and jump into the analysis of the Fed’s decision and rhetoric from the announcement yesterday afternoon. What started as a neutral announcement quickly turned hawkish as Chairman Powell fielded questions. What does this announcement mean for the terminal rate and how will the economy and the market respond?
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For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefings
Please see disclosures:
https://www.narwhalcapital.com/disclosure