Illustration: Timothy Mcevenue. See: www.timothymcevenue.net
Opinion
Opinion
Rising interest rates mean the US Federal Reserve is back to the fundamentals, and that’s reason to celebrate
- Stephen S. Roach says the Fed tightening shows the central bank is returning to a reliance on market fundamentals, ending the era of asset-friendly easy money
Illustration: Timothy Mcevenue. See: www.timothymcevenue.net