Market Comment| The Fed and the ECB monetary policy meetings drove financial markets today

Summary

  As we expected, the FOMC increased the target range for the federal funds to 2.0% and the median projections of the FOMC for year-end 2018 increased to two rate increases from one previously. The FOMC expects economic conditions to remain solid and inflation to be near 2% over the medium term. The GDP projections […]

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