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25.12 - 18:59
The Federal Reserve still has a lot of questions to answer about its long-term strategy
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cnbc.comWhile the Federal Reserve this week managed to clarify its near-term plans, there are still more than enough questions left for the long term to give investors anxiety.
Markets initially reacted favorably to the Fed's post-meeting statement Wednesday, in which it said it will strike back against booming inflation by accelerating the reduction of its monthly bond purchases and probably raising interest rates three times in 2022.
But Thursday's market action was less convincing, with rate-sensitive stocks falling sharply and government bond yields, which could have been expected to rise in the face of the Fed's tighter monetary stance, instead falling.
One reason for the moves, especially in bonds, is that the market may not be quite
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