All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Comment

Market jumps for Bernanke’s carrot — like a donkey

The Federal Reserve’s 50bp rate cut was the perfect present for a market that had prayed for it — and the market has been duly grateful, behaving itself impeccably for a whole week. But any problems that could be cured that easily probably weren’t really so serious.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree