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Will the Fed stay patient as the market rallies?
The worst December for US stocks since 1931 caused the central bank to confirm a dovish turn in March, suspending interest rate increases and ending its programme to reduce assets held on its balance sheet. “I think this could be the beginning of a big short- to medium-term rally, but the risk is that the Fed then says that is an environment where it can start to raise rates again,” said David Lebovitz, global market strategist for JPMorgan Asset Management. Central banks around the world have fallen in line with the Fed’s more dovish outlook.
https://finance.yahoo.com/m/6396178...c/will-the-fed-stay-patient-as.html?.tsrc=rss
The worst December for US stocks since 1931 caused the central bank to confirm a dovish turn in March, suspending interest rate increases and ending its programme to reduce assets held on its balance sheet. “I think this could be the beginning of a big short- to medium-term rally, but the risk is that the Fed then says that is an environment where it can start to raise rates again,” said David Lebovitz, global market strategist for JPMorgan Asset Management. Central banks around the world have fallen in line with the Fed’s more dovish outlook.
https://finance.yahoo.com/m/6396178...c/will-the-fed-stay-patient-as.html?.tsrc=rss