FOMC More Hawkish
As expected the Fed left the Fed funds rate steady, but the doubled the pace of taper to $30 bln a month. Market expectations were for a $20 bln. taper (from $15bln at the last meeting) so the taper is more hawkish. The median forecast via the dot-plot is looking for 3 rate hikes in…
This content is for All Access members only. Register here.
Already a member? Log in here