Is The Fed Hiking Into a Growth Slowdown?

This week, Real Vision’s Jamie McDonald examines how Fed policymakers will adjust the course of their signaled tightening cycle if equity weakness continues. At last week’s FOMC meeting, the Fed surprised many by holding strong on hawkish policy and so investors learned that the Fed Put isn’t stuck at a measly 10% down from the highs. So this begs the question: how low do markets have to go before the Fed begins to react, and with inflation now public enemy number one, is the equity market really where investors should be looking anyway?