Wall Street

Majority Of Wall Street Believes Fed Is Being Too Aggressive: Poll

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Knewz

By Richard Horgan Los Angeles (Knewz) — When CNBC this week polled around 400 chief investment officers, equity strategists, portfolio managers and contributors, it was no contest. The runaway answer to the question, “What is your biggest concern for the markets right now?”, was the Fed being too aggressive, for 58 percent of respondents. To combat inflation in 2022, the Federal Reserve has been on its most aggressive track since the 1980s. Sharing those concerns is Chicago Federal Reserve president Charles Evans. He told CNBC’s “Squawk Box Europe” that he remains apprehensive about the Fed’s …

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