“At the moment, the market’s main worry is that the Fed, which I think has lost a bit of credibility with its transitory narrative, will perhaps overcorrect in an effort to regain credibility that eroded a bit last year,” EPFR Director of Research Cameron Brandt says.

“At the moment, the market's main worry is that the Fed, which I think has lost a bit of credibility with its transitory narrative, will perhaps overcorrect in an effort to regain credibility that eroded a bit last year,” @EPFR Director of Research Cameron Brandt says. pic.twitter.com/EyNShMUQSO

— Yahoo Finance (@YahooFinance) January 28, 2022