Video: Fed Wrap – Fed hikes but Powell calms markets – 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 recent US Federal Reserve monetary policy meeting where rates were hiked another 75 basis points but the bond market rallied. This vote of confidence in the Fed’s strategy came as Jerome Powell reassured investors that the Fed is committed to bringing inflation back to their 2% target, even if it means slower growth and some reversal of recent job gains.
About the author
Associate
Ryan Weldon
Joined in 2019
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.
Prior to Joining IFM Ryan was a US Government Bond trader at HSBC where he managed a $3bn inventory book comprised of cash and derivative products. Ryan’s years of trading in New York provide a strong network and insight in the US market.
Ryan is a CFA and CAIA charter holder.