A ‘quite spoiled’ market gives the Fed a thumbs up, even with inflation rising: Morning Brief

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Thursday, September 23, 2021

The famed ‘Fed put’ is alive and well.

The Federal Reserve isn’t entirely asleep at the switch on soaring prices, and doesn’t appear to be committing a policy error — at least not yet.

Those were the main takeaways from Wall Street’s reaction to the Fed’s policy decision, which sent a market addled by…