SCHQ - Fed Watch: The Waiting Game Continues

2024-03-21 01:20:00 ET

Summary

• Unsurprisingly, the Fed did what was widely expected yet again and kept the Fed Funds target unchanged at the March FOMC meeting.
• As a result, the trading range remains at 5.25%-5.50%, still residing at a more than 20-year-high watermark.
• For those keeping track, this represented the fifth consecutive FOMC meeting where the policy maker decided to take no action on the rate front.

By Kevin Flanagan

Unsurprisingly, the Fed did what was widely expected yet again and kept the Fed Funds target unchanged at the March FOMC meeting. As a result, the trading range remains at 5.25%-5.50%, still residing at a more than 20-year-high watermark....

For further details see: