Investing amid a “Fedflation” fixation

Nuveen /

21-09-2022

Another big Fed hike is expected this week. All eyes are on the U.S. Federal Reserve’s meeting this Wednesday, the first since the Fed’s August symposium in Jackson Hole, Wyoming. Chair Jerome Powell and his colleagues have been steadfast in their resolve to bring inflation to heel through tighter monetary policy — even if doing so may, in Powell’s words, “bring some pain to households and businesses.” (Not to mention investors … which he, in fact, did not mention.)