Will The Fed Blink Over The Banking Crisis?
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ValueWalk
ValueWalk
In hisDaily Market Notes report to investors, Louis Navellier wrote: A No-Win SituationThe big Fed day has arrived. Will the Fed blink over the banking crisis? We’re in a bit of a no-win situation: If the Fed increases today and announces that they are officially taking a pause, or even skips an increase today, if the reason they do so is because they are fearful over a dominoing regional bank crisis, is that actually good news? On the flip side, if they raise and say they are likely to raise again in June because inflation is far from 2%, the banking crisis is not a worry, and the economy is …