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DFVS - Peter Schiff: The Fed Is A Lot More Dovish Than It Admits
Barclays Bank PLC ZC SP ETN REDEEM 12/07/2021 USD 50 - Ser A 06740P643
By SchiffGold
The Federal Reserve Open Market Committee meeting wrapped up Wednesday with Fed policy still in neutral.
As expected, the FOMC left interest rates unchanged and seemed to indicate it doesn't plan to do anything at all in the near term. Jerome Powell's comments dampened expectations that the central bank might move to cut rates in the coming months.
The committee is comfortable with current policy stance. Don't see a strong case for a rate move either way."
Most took Powell's comments to be less dovish than expected, but Peter Schiff said he thinks