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The Fed announces a tightening of monetary policy, leading to an increase in interest rates. Other things remaining equal, P/E ratios for stocks will decrease.
The Fed announces a tightening of monetary policy, leading to an increase in interest rates. Other things remaining equal, P/E ratios for stocks will decrease.
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
