Video: Fed Wrap – Inflation still front of mind – Ryan Weldon
Ryan Weldon, from IFM’s Debt Investments Team in New York, features in our Fed Wrap Market Update videos discussing central bank themes in debt markets, with a particular focus on the US Federal Reserve.
In this edition, Ryan discusses the outcomes of the March Federal Reserve meeting, the key points from the press conference and what to watch ahead of the May meeting.
At the most recent meeting, the Federal Reserve hiked rates by 25bp with no dissenting votes bringing the upper band of their policy rate to 5%. The Fed made several changes to their statement including shifting to say that further policy tightening “may be” appropriate to get the terminal rate to a level they believe will be sufficient to bring inflation back towards their 2% target.
Meet the author
Ryan Weldon
Ryan supports the dealing and portfolio management functions of IFM Investors’ cash and fixed income portfolios in the US. He also assists in the execution of foreign exchange and derivative overlay strategies for internal and external clients.
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