Putin: Wall Street’s Unexpected Ally Against The Fed

Calculative as they are, investors are probably betting that the increase in geopolitical risk will stop another financial offensive: the aggressive interest rate hike that the U.S. central bank may be preparing. And the measure of risk is the U.S. interest rate. That rate, in turn, is determined by the rate set by the U.S. Federal Reserve, so the Fed, as it is known, has…