Markets went into a tizzy following decisions by the Federal Open Markets Committee, and Fed Chair Jerome Powell’s press conference, on Wednesday. No, the FOMC did not set a date to begin tapering bond purchases, nor did it suggest that increases in interest rates are imminent.
What was the Fed Really Saying?
What was the Fed Really Saying?
What was the Fed Really Saying?
Markets went into a tizzy following decisions by the Federal Open Markets Committee, and Fed Chair Jerome Powell’s press conference, on Wednesday. No, the FOMC did not set a date to begin tapering bond purchases, nor did it suggest that increases in interest rates are imminent.