Fed Announcement! Drum Roll … No Changes (Keeps Foot On The Monetary Pedal)

by confoundedinterest17

Drum roll please.

Fed does …. nothing.

The Fed Dot Plots from today’s announcement.

Compared to December’s Dot Plots. More govs are seeing higher rates in the future. Just not in 2021.

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The Dow rose with joy at the thought of endless stimulus.

And the Treasury 10Y-2Y curve.

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Gold and silver rose on the non-announcement, while the US Dollar fell.

A video of the FOMC meeting.

 

 

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