US Fed minutes: automatic rate rises out, bond holdings to substantially remain

20 February 2019

 

A little after the US Fed’s Open Market Committee (FOMC) raised the federal funds rate range in early December, a change in attitude took place among fund managers, traders, economists and other observers. Instead of expecting more rate increases through 2019, they started to move towards the idea the Fed would probably pause, or even finish, this cycle of rate rises. The US-China trade war, the end of some temporary...

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