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AFSM - On My Mind: Fed Chair Powell - I Still Haven't Found What I'm Looking For
First Trust Exchange-Traded Fund VIII - First Trust Active Factor Small Cap ETF
2024-03-23 01:56:00 ET
Summary
The Fed's March policy meeting has generated very vocal reactions by commentators and market participants.
With rates expected to stay on hold, attention focused on the new economic projections.
The Fed’s estimate of the neutral policy rate, which inched up to 2.6%, remains well below my estimate of around 4%, but Powell at least acknowledged that rates are unlikely to move back to their post-pandemic lows.
By Sonal Desai, Ph.D., Chief Investment Officer, Franklin Templeton Fixed Income ...