Fed Recap: Connecting the Dots
Casual Friday: Financial Insights
English - June 20, 2023 23:00 - 10 minutes - 7.07 MB - ★★★★★ - 1 ratingInvesting Business retirement investing planning stock bond market Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Stock Market Implications of a Recession
As expected, the Federal Open Market Committee (FOMC) kept rates unchanged at its meeting last week but communicated a hawkish bias to future interest rate decisions. This week Brian talks about how the FOMC statement was modestly hawkish but still communicated to investors that the committee is data-dependent when “determining the extent of additional policy firming that may be appropriate.” (emphasis added.) They do not say more tightening “will” be appropriate.
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