Warnings Abound in Market Circles as Fed Error Bets Seen Rising
- Funds are in ‘unprecedented territory’ on inflation risks: IAA
- Commodity-linked currencies, euro seen rising as Fed hikes
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Investors should adopt a softly softly approach in assessing trading opportunities after a hawkish Federal Reserve raised interest rates and signaled more to come.
That’s the view of market participants who caution against making mega bets after the central bank flagged hikes at all six remaining meetings this year to tackle the fastest inflation in four decades.