ST Alpha - "MarketWatch had a story yesterday that I couldn't understand, apparently saying that the Fed doesn't want a rally in the stock market? -- (link)" (Reading a Post)

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In response to "Short answer is yes. Longer answer is it depends. -- (edited)" by znufrii

MarketWatch had a story yesterday that I couldn't understand, apparently saying that the Fed doesn't want a rally in the stock market? -- (link)

Posted by mara (aka mara) Jan 6 '23, 06:18

(No message)

“Translated from Fedspeak, the FOMC members do not like stock market rallies, since they fear it could result in potentially inflationary consumer spending,” (twitter.com)

Responses:

Yup. -- (edited) - znufrii Jan 6, 06:36 3
- It all boils down to this. - Inigo Jan 6, 06:48 2
  - huh. interesting -- nm - prayformojo Jan 6, 07:07
  - Thanks to you both! -- nm - mara Jan 6, 06:57

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