SHV - Quick Take: January 30 2019 Fed Meeting
Note: This article was released yesterday to our RIA PRO subscribers.
The statement and press conference following the January 30th Federal Reserve policy meeting was, with little doubt, a further pivot to a dovish stance. The statement below is from the prior December meeting and marked up in red to highlight changes in the current January 30th statement. The big clue about future interest rate policy is in the following addition: "the Fed will be patient as it determines what future adjustments to the target range…" "Patient" tells us that the