www.saltwire.com
By Jamie McGeever
ORLANDO, Fla. (Reuters) – They will be proven right one day, just not yet.
Hedge funds continue to bet that the Federal Reserve will end its aggressive cycle of rate hikes soon enough and begin easing monetary policy after a brief pause as growth and inflation slow.
But as US inflation, inflation expectations and Fed officials suggest, that pivot is still a long way off – the Fed’s final implied rate shot to a fresh high of just under 5.00% last week, the 2-year…
