These are the best of days for armchair US rate-setters.
Wednesday’s conclusion of the September monetary policy decision meeting leaves the Federal Reserve open to criticism from all sides. That it will cut rates is in no serious doubt — it has laid the groundwork for its first chop since the pandemic very thoroughly. But whether it will go for the typical quarter-point chop or by a half percentage point is a topic of heated debate across investment firms, trading floors and the nerdier corners of newsrooms.
“The obsession has been like it’s the end of the world,” said Salman Ahmed, head of macro and strategic asset allocation at investment house Fidelity. “It feels like the market is putting pressure on the Fed.”
您已阅读16%（722字），剩余84%（3710字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。