The Fed revealed in its latest statement that it will take a more dovish approach to normalizing its federal funds rate, but still left the door open to some degree that an increase could happen later this year. It’s a night-and-day juxtaposition from the central bank’s stance in December, both as a result of domestic considerations and international concerns. Six months on, we believe that accurately judging the Fed’s next move will require paying attention to jobs growth, inflation expe...
The Fed revealed in its latest statement that it will take a more dovish approach to normalizing its federal funds rate, but still left the door open to some degree that an increase could happen later this year. It’s a night-and-day juxtaposition from the central bank’s stance in December, both as a result of domestic considerations and international concerns. Six months on, we believe that accurately judging the Fed’s next move will require paying attention to jobs growth, inflation expe...
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