Traders react to Jerome Powell’s ‘devil’s bargain’ as Fed’s hawkish tone sets in

"The implication is a greater number of smaller rate hikes. That is not dovish,” said Steve Chiavarone, senior portfolio manager at Federated Hermes.

Traders react to Jerome Powell’s ‘devil’s bargain’ as Fed’s hawkish tone sets in
"The implication is a greater number of smaller rate hikes. That is not dovish,” said Steve Chiavarone, senior portfolio manager at Federated Hermes. Read More