Fed Hikes 0.75%: Position for Economic Slowdown With BNDD
July 27, 2022 at 15:46 PM EDT
Bond investing has been a painful point for portfolios this year in a rising rate regime as the Federal Reserve aggressively combats persistent high inflation. The Fed responded to June’s 9.1% CPI reading and the strong labor market by raising interest rates 0.75% on Wednesday, reported the WSJ. “The labor market is extremely tight and [...] The post Fed Hikes 0.75%: Position for Economic Slowdown With BNDD appeared first on ETF Trends .
