SCHR - Quick Thoughts: Fed Hawks Will Fly Lower - Eventually
2024-05-03 05:52:00 ET
Summary
- Although there were no huge surprises coming out of the recent Fed meeting, it may have provided hints on what the FOMC is thinking about future monetary policy changes.
- Fed stressed that it would continue to be highly data-dependent in its monetary policy decisions and that economic activity has continued to expand at a solid pace.
- The doves will come eventually - but first, we will have to wait and see these hawks start to fly a bit lower.
By Stephen H. Dover, CFA, Chief Market Strategist, Head of Franklin Templeton Institute | Rick Polsinello, CIMA, Senior Market Strategist, Franklin Templeton Institute ...
Quick Thoughts: Fed Hawks Will Fly Lower - Eventually