Stock-market investors can’t count on the’Fed put’ — Why policy makers aren’t seen rushing to rescue
Yahoo! Finance
The Federal Reserve is widely seen as unlikely to ride to the rescue as the stock market stumbles to begin 2022. Indeed, some market watchers blamed Monday’s initial broad stock-market downturn which saw the Dow Jones Industrial Average (DJIA) plunge more than 1,000 points and the S&P 500 (SPX) slide 4% at its session low partly due to expectations the Fed won’t snap back into hand-holding mode when policy makers meet this week, though equities subsequently roared back to end the day higher ...
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