The Fed isn’t trying to wreck the stock market as it wrestles with inflation — but it isn’t going to ride to the rescue
September 17, 2022 at 08:00 AM EDT
Investors are getting spooked that the Federal Reserve’s possible large interest rate hikes next week could further damage U.S. stocks, but there is no hope for the central bank to step in with their “put” to rescue, according to two chief investment officers on Wall Street.
