18032021: Fed up
Fed up with the fuss over the Federal Reserve? Fear not, for the furore has settled. The Fed has made its pronouncements and, as expected, maintained a dovish stance, staying pat on rates and the pace of asset purchases. The market has taken kindly to J Powell’s updated economic projections, which reflect that a strong recovery will have only a fleeting impact on inflation. See omnystudio.com/listener for privacy information.