Asset Allocation Bi-Weekly - Have Policymakers Solved the Tinbergen Problem? (3/27/2023)

Turmoil in the financial sector has complicated life for the Federal Reserve. Already facing the challenge of fine-tuning its rate policy between fighting inflation and over-tightening, the Fed may now be compelled to focus, to a greater extent, on protecting the banking system and the economy. It does seem like a tall order. Confluence Chief Market Strategist Bill O'Grady explores possible resolutions and the potential impact on investors.