Commentary
The sentiment sweeping across markets is that the Federal Reserve is done raising rates and that inflation is tamed. Since Oct. 13, we have seen a surge in the stock market. The “Santa Claus rally,” indeed, is in full swing.
Is the Fed Done?
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The U.S. Federal Reserve building is seen past caution tape in Washington, D.C., on Sept. 19, 2022. Stefani Reynolds/AFP via Getty Images
By Jeff Carter
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