Question
Federal Reserve ended the easy money policy and started to increase interest rates during 2022. US equity and bond market prices declined substantially in reaction
Federal Reserve ended the easy money policy and started to increase interest rates during 2022. US equity and bond market prices declined substantially in reaction to FED interest rate hikes and expected inflation. Why for equities? Why for bonds?
Please substantiate your answer and provide economic and financial reasoning.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
