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'Why does anyone give a toss what the Fed thinks?'

Leigh Powell
CLSA strategist Chris Wood notes the US Federal Reserve has been wrong on just about everything, adding QE is deflationary and is having the opposite effect to what was intended.
'Why does anyone give a toss what the Fed thinks?'

It is surprising market watchers even care what the US Federal Reserve thinks given it has been wrong on just about everything so far, according to CLSA global equity strategist Christopher Wood.

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