QQQ - Financial Guidance From Fed: No Need For Rate Change Right Now
2024-03-21 17:39:55 ET
Summary
- The Federal Reserve believes no reduction is necessary in the Fed's policy rate of interest.
- The stock market is hitting new highs despite the Fed's reduction of its securities portfolio.
- More is going on in the financial markets than just what is going on in terms of the Fed's policy rate of interest.
- What is going on behind what the Fed is saying and doing is a U.S. money system that is holding onto lots and lots of money that is currently embedded in financial markets.
- What is the Fed going to be facing going forward?
The current Federal Reserve has two operating tools it is using to manage the inflation situation.
The first tool is quantitative tightening, or, reducing the size of the Federal Reserve securities portfolio....
Financial Guidance From Fed: No Need For Rate Change Right Now