Bond Traders Are Heeding Powell's Pledge to Stay on Volcker Path
(Bloomberg) -- Investors are conceding that the Federal Reserve is now intensely focused on fighting inflation and less concerned about higher interest rates breaking the US economy.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End Mutiny