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2021/03/18 / Erste Group Research

US Fed: No hint of change in policy

As expected, the FOMC did not decide to change monetary policy at the meeting that ended yesterday. The Fed's monetary policy-making body also left the key parts of the communiqué unchanged. However, the new forecasts of the meeting participants reflected an improvement in the outlook, which was probably due to the economic stimulus packages adopted since the last forecasts in December and the growing number of vaccinations.

In the press conference, Fed Chair Powell reaffirmed the current monetary policy stance without the slightest deviation or hint of a change.

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General information

AuthorErste Group Research
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusUnited States
Currency in focusUS Dollar
Sector in focus-


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