Discussing the Feds Rate Announcement & PacWests Tumble | May 4, 2023 Morning Market Briefing
Tom and Moe boycott Star Wars Day and jump into the analysis of the Fed\u2019s decision and rhetoric from the announcement yesterday afternoon. What started as a neutral announcement quickly turned hawkish as Chairman Powell fielded questions. What does this announcement mean for the terminal rate and how will the economy and the market respond?
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