Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices.
In light of the Fed’s hawkish stance on inflation, CenterSquare Investment Management Chief Strategist Scott Crowe sees a sizable decline in economic growth levels ahead.
“I think there is little doubt that we are at the beginnings of a significant…
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