Wednesday’s FOMC statement and press conference was as dovish as we have heard in many moons. More importantly, the VOTE WAS UNANIMOUS. Even Kansas City Fed President Esther George voted with the group. Why was this dovish?
Wednesday’s FOMC statement and press conference was as dovish as we have heard in many moons. More importantly, the VOTE WAS UNANIMOUS. Even Kansas City Fed President Esther George voted with the group. Why was this dovish?
Tags:balance sheet, Federal Reserve, global economy, Gold, Jerome Powell, slowing growth, SPS, U.S. Dollar, U.S. yield curves
Posted in Currency, Debt Market, Fed, United States | 17 Comments »