The Weekly Fix: Maybe Those 2023 Fed Cut Bets Aren't That Crazy
Jerome Powell, chairman of the US Federal Reserve.
Photographer: Al Drago/BloombergWelcome to the Weekly Fix, the newsletter that’s broadly consistent with what the data is showing. I’m cross-asset reporter Katie Greifeld.
It was a toss-up between what to start the newsletter with this week. What’s more significant: likely the last rate hike of the most aggressive Federal Reserve tightening cycle since the 1980s? Or the fourth collapse of a US bank in under two months?