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.
About the author
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.