Last week, the December FOMC meeting minutes revealed that not only was the Fed expecting at least 3 rate hikes in 2022, they were actively considering balance sheet normalization (read: quantitative tightening). In today’s episode, NLW looks at how the markets are internalizing this new information, and why it’s setting up to be one of the most significant influences on markets this year.
The Breakdown ” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, Michele Musso, and Adrian Blust, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is Countdown by Neon Beach. The music you heard today behind our sponsor is Time by OBOY. Image credit: DNY59/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.