Market Comment | Fed’s FOMC boosts bonds and drags the US dollar
Published on Thursday, March 17, 2016
Market Comment | Fed’s FOMC boosts bonds and drags the US dollar
Summary
The Fed’s stance is now aligned with the markets. Committee revises down expected policy path to two rate hikes in 2016. Rates unchanged and some downward revisions to projections, but strong employment. FOMC will “monitor inflation developments closely” as transitory factors fade. All meetings are “live” but June and December seem most appropriate for rate […]
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