Markets keep making the same mistake about inflation

APPremium
AP
 wsj 5 min read . Updated: 14 Sep 2022, 08:37 PM IST JAMES MACKINTOSH, The Wall Street Journal

Investors made a huge mistake over the summer, misreading the economy and, even worse, misreading the Federal Reserve. The scale of the mistake became obvious on Tuesday and led to the biggest one-day selloff in more than two years.

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