Friday, 29 January 2016

Fed vs the market: 'Tension is fairly evident'

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The uneasy marriage between financial markets and the Federal Reserve finally may be on the rocks. 

For seven years, the pervasive Wall Street belief was that whatever was wrong with the markets, the Fed could fix it. 

But the new-found tether Wall Street has with oil and the increasingly ambiguous commitment the Fed has to backstopping the market has challenged that notion.

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