US Financial Conditions Index dips to record lows: Is the Fed still in charge?

The US Financial Conditions Index has fallen to its lowest level since the first quarter of 2022. It saw its largest year-over-year decline in three years, wiping out the effects of the interest rate hikes that started in March 2022. This steep decline started in October last year and continues at a rapid pace. The […] source: https://www.cryptopolitan.com/us-financial-conditions-index-dips-to-record-lows-is-the-fed-still-in-charge/