Public Enemy Number Zero

The Fed has shifted aggressively in recent days to announce a rate hike on March 15. Part of the reasoning cited for potentially raising interest rates this month is the strengthening job market and inflation rising toward the Fed’s target. While higher interest rates from the Federal Reserve is long overdue, it stands to wonder at this stage of the economic and market cycle whether a shift to a more aggressive tightening schedule may squash the pro-growth momentum for the U.S. economy before it ever gets started.

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