Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update Advertisement Central Bank Watch Overview: Federal Reserve policymakers are on the verge of releasing their April rate decision, but that doesn’t mean policy is heading anywhere new soon. For the past two-plus weeks, Fed officials have been extremely disciplined with respect to a persistent drumbeat of keeping rates low and policy accommodative at the onset of the US economy’s recovery from the coronavirus pandemic. Fed fund futures still see greater than a 90% chance that rates markets will be on hold through early-2022....