TPLC - What We Learned From The January Federal Reserve Meeting
2024-02-01 10:30:00 ET
Summary
- The Fed has kept rates steady for its past three meetings, and Wednesday followed that trend.
- In my view, the Fed announcement is attempting to keep a lid on easing financial conditions while admitting that progress has been made on disinflation.
- Powell admitted that the US economy and labor market have been strong, but inflation is coming down.
On Wednesday afternoon, I live tweeted my perspectives on the US Federal Reserve (Fed) announcement and press conference. As a refresher, the Fed has kept rates steady for its past three meetings, and Wednesday followed that trend....
What We Learned From The January Federal Reserve Meeting