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The Fed acts as Credit Writedowns predicted. Here's why and what to expect.

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The Fed acts as Credit Writedowns predicted. Here's why and what to expect.

Edward Harrison
Dec 19, 2018
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The Fed acts as Credit Writedowns predicted. Here's why and what to expect.

pro.creditwritedowns.com

As I wrote yesterday, the Federal Reserve raised interest rates a quarter point but changed guidance in the face of tightening financial conditions. In his press conference afterwards, the Fed Chairman - also as predicted - talked bullishly about the near-term economic outlook. But, he also noted the tighter financial conditions and slowing global growt…

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