A former chair of the U.S. Federal Reserve has died, and his best-known legacy—the so-called “Fed put”—is increasingly seen as losing effectiveness amid persistent inflation.
According to Jin10, the term refers to the belief that the Fed would step in to support markets during sharp downturns, but that perceived backstop appears to be weakening as inflation continues to run high.
Former Fed Chair’s ‘Fed Put’ Legacy Seen Fading as Inflation Persists
2026-06-23 20:22:04
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