Has the Fed Abandoned Risk Assets? | Joseph Wang
Jack Farley welcomes former senior trader for the Fed, Joseph Wang (\u201cFed Guy\u201d) for a new show devoted to all things central banking. The two analyze the most recent FOMC meeting, after which Fed Chair Powell on January 26, indicated that the strong labor market and high inflation prints were leading the Fed\u2019s FOMC members to contemplate removing monetary accommodation with more speed and vigor than previously anticipated.\n\nWang and Farley discuss the spike in Fed Funds Futures, quantitative tightening (QT\u2019s) impact on the market, as well as the striking request of China\u2019s leader, Xi Jinping, that the Federal Reserve not raise rates.\n\nJoseph Wang\u2019s writings can be found at: https://fedguy.com/\nJoseph Wang\u2019s Twitter: @FedGuy12\nJack Farley\u2019s Twitter: @JackFarley96\nBlockworks Twitter: @Blockworks_