Wall Street Reacts to 'Neutral' Fed Hold Amidst Varying Opinions
Wall Street is reacting to the Federal Reserve's 'neutral' interest rate hold, with opinions ranging from dovish to hawkish. The Fed maintained rates at 3.50% to 3.75%, with only one dissenter, and sees accelerating inflation and GDP growth.
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US Fed holds rates unchanged over ‘uncertain’ Iran war implications - The Straits Times
US Fed holds rates unchanged over ‘uncertain’ Iran war implications The Straits Times
Read full article →Wall Street Reacts To "Neutral" Fed Hold
Wall Street Reacts To "Neutral" Fed Hold The digital ink on the Fed statement is still wet and the kneejerk reactions are already flying. Here is a small sample of the more notable ones, with opinions ranging from this was a dovish, neutral and hawkish statement. So right in the middle, perhaps as Powell intended: George Goncalves, MUFG: "this is a “neutral” statement from the FOMC.The statement tweaks are an attempt at trying to avoid sending any signals while conveying they a...
By Tyler Durden
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