FILS USA 2023: Fed has lost investors’ confidence in guidance

Brittney Van Calcar News

Dan Barnes, Editorial Director The Federal Reserve’s constant mistakes on forward guidance have lost the confidence of some buy-side firms in its ability to predict outlooks. Speaking at the Fixed Income Leaders’ Summit in Nashville, Art DeGaetano, founder and chief investment officer (CIO) of Bramshill Investments, said his firm was aligned with the Fed “in an uncomfortable way” in that …