FOMC with stoic response to market uncertainty
Published on Thursday, March 21, 2019 | Updated on Friday, March 22, 2019
FOMC with stoic response to market uncertainty
Summary
As expected, at their March 19th-20th meeting, the Fed left rates unchanged and maintained their patient bias. This is not surprising considering the weak incoming data, the downward bias to the committee’s outlook and increasing downside risks abroad.
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Authors
Nathaniel Karp
Boyd Nash-Stacey
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