Fed Wrap – Fed Pleased with Progress
In this edition, Ryan Weldon of the IFM Investors Debt Investments team in New York discusses the outcomes of the December US Federal Reserve (Fed) meeting, the key points from the press conference and what to watch ahead of the next meeting.
At the December meeting, the Federal Reserve held rates, maintaining the upper band of their policy rate at 5.5% with no dissenting votes. The statement from their meeting had minimal changes, however, the changes painted a dovish outlook for policy decisions in 2024.
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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