June 17, 2021

It's What The Fed Doesn't Say That's Important.

It's What The Fed Doesn't Say That's Important.

Yesterday concluded the two day meeting of the Federal Reserve's Open Market Committee. This Committee is the one that put in place the Fed's on-going monetary policy.
 
And as is traditional, the Fed Chairman, Jerome Powell concluded the meeting with a...


Yesterday concluded the two day meeting of the Federal Reserve's Open Market Committee. This Committee is the one that put in place the Fed's on-going monetary policy.

 

And as is traditional, the Fed Chairman, Jerome Powell concluded the meeting with a statement and a question and answer period. I supposed this is designed to let us feel that we have some insight into the current thinking of our central bank.