Economy Slows Amid Fed Rate Hikes

Is the Federal Reserve’s monetary tightening succeeding in slowing down the U.S. economy? A few recent economic reports suggest that the Fed raising interest rates does appear to be having the intended effect. Stocks and bond yields fell last week after the ISM Manufacturing and Services Indices both came in weaker than economists had forecasted, [...] The post Economy Slows Amid Fed Rate Hikes appeared first on ETF Trends .