fed meeting
The language from the FOMC statement and from Fed Chair Powells press conference made it pretty clear that barring any surprises a rate hike in March should be expected. The Fed delivered today what was widely expected in paving the way for rate liftoff at its March 15-16 meeting.
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The Fed is definitely sensitive to the equity market but I dont think it changes anything for the meeting said Peter Cramer head of insurance portfolio management at SLC Management in Seattle.
. The Fed also met expectations on tapering by announcing one final round of asset.
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