Market Comment | Risky assets supported by Fed’s dovishness and oil price rebound
Published on Wednesday, March 30, 2016 | Updated on Wednesday, March 30, 2016
Market Comment | Risky assets supported by Fed’s dovishness and oil price rebound
Summary
Uncertainty in multiple fields extended Yellen’s dovish tone and muted last week’s hawkish comments from the Fed. The Fed’s policy stance remained dovish after Janet Yellen’s cautious tone in yesterday’s speech. Regarding domestic economy, she pointed out that since the turn of the year the readings have been somewhat mixed; she also anticipated that “the […]
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