The Fed is taking extreme measures to bring inflation down, approving five interest rate hikes since March with more planned for the rest of the year and possibly through to 2023.
But the fast pace of tightening from the Fed has been largely unprecedented, and even Federal Reserve officials themselves have been uneasy about how little time they have between each interest rate hike to understand what effect tightening is having on the economy.
All those unknowns are reason enough to stay cautious in today's market, according to Solomon.~
The signals that he gave in this interview are huge.
Trade safely
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