Market Comment | Positive mood on the back of a less hawkish than expected FOMC meeting

Summary

Positive mood in financial markets after the FOMC meeting & Dutch elections outcome. Global stocks increased across the board, while sovereign bond yields inched up. The major market-sensitive events were the following: As expected, the FOMC raised the Fed Funds rate by 25 bps to the 0.75%-1% range (see).  With its outlook unchanged, it seems […]

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