Last week saw markets raise their hopes of a Federal Reserve pivot to looser policy, only to have the dream dashed by a strong jobs report and string of policy makers saying interest rates must move higher.
Earnings season is kicking off now, and it’s an opportunity to see what executives make of prospects of higher-for-longer rates. While we know that rate hikes can only bring down inflation with a lag, they can start to hit sentiment right away.
Source: https://www.barrons.com/articles/things-to-know-today-51665397332?siteid=yhoof2&yptr=yahoo