The Fed Hikes Rates—but Faces a Dilemma

The Fed Hikes Rates—but Faces a Dilemma

by Fixed Income AllianceBernstein

The Fed’s rate hike Wednesday was thoroughly unsurprising. But under the surface calm, policymakers are wrestling with a dilemma in the US economy that will be a major influence on policy ahead.

Copyright © AllianceBernstein

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