Market Comment | Uncertainty about the Fed liftoff lingered despite FOMC`s hawkish tone.

Summary

FOMC Meeting, October 27-28th. Fed funds rate remains unchanged as FOMC hopes for December liftoff. The Fed’s announcement to keep rates unchanged aided in avoiding an unwanted negative reaction in financial markets. However, the shift to more hawkish language in the statement sends a mixed message on how seriously the Fed is considering a December […]

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