MONETARY AFFAIRS
Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative
By Brunello Rosa
In this paper we discuss:
- The Fed's latest assessment of the US economy;
- What the Fed's FOMC decided in March;
- What the Fed is likely to do in coming months;
- How the Fed altered its forecasts in the SEPs; and
- The market implications of all the above.
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Download PDF: R&R Flash Fed Review - March 2021
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