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Legendary Trader Peter Brandt Bashes Fed and Its Recent Policy Pivot
In a recent statement, the Federal Reserve announced its intention to resume tightening monetary policy next year, which has raised concerns among investors. In response, Peter Brandt, a renowned trader and analyst, took to social media to express his strong disapproval of the decision.
The reason for this backlash is the timing of the announcement. As markets have been struggling to recover from the recent crypto crash, the Fed’s move could lead to further economic uncertainty, making it even more difficult for people to get back on their feet.
Source: u.today
