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Taxables, universities dominate new-issue calendar
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Fed expects to keep supporting economy ‘for some time,’ minutes show
Federal Reserve officials remain wary about the ongoing risks of the coronavirus pandemic and are committed to bolstering the economy until its recovery is more secure, minutes of the U.S. central bank’s latest policy meeting showed on Wednesday.
With their own forecasts projecting the strongest run of U.S. economic growth in nearly 40 years, “participants agreed that the economy remained far from the (Fed’s) longer-run goals and that the path ahead remained highly uncertain,” the minutes from the March 16-17 meeting said.
“Participants noted that it would likely be some time,” before conditions improved enough for the central bank to consider reducing its current level of support.
Walking Alone, Low Volume, Watching the Russell 2000, Fed Minutes, Margin Buying Looking at a painting by Renoir side by side. You see beauty. I check my watch. The same is true with economic policy.
Apr 08, 2021 | 07:53 AM EDT
When there s nothing to lose, and there s nothing to prove
Well. I m dancing with myself
Ah, oh, oh-oh.
Walking Alone
Wednesday morning. I walked my usual walk. After writing Market Recon and before doing anything else. So, it s an early walk, but the sun is up. The critters of the night had disappeared, and those of the day had begun their routines.
This day, I immediately noticed, just how quiet the streets and then the park near my home were. There are about a dozen other folks who roam my neighborhood endlessly since the pandemic began. I saw none of them. Not even walking girl or walking girl s husband, who I wave to every morning. They are the two most dedicated of that dozen or so. They live on the next block, they walk together most
US still far from Fed s goals, with support needed for some time : minutes
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