Analyst Says Fed Rate Hike Will Stabilize Bond Market

On September 17, Alex Giuliano, Chief Investment Officer of Resonate Wealth, stated that although the Federal Reserve's interest rate hike was within market expectations, it could help stabilize the bond market. He pointed out that this rate hike marks a clear shift for the Fed from sending strong signals on inflation issues to taking concrete actions. Giuliano also mentioned that while another rate hike this year is not unexpected, the Fed does not like to disclose information in advance, which could increase market expectations before future meetings and lead to greater volatility in the stock market.

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