Flash Review: The Fed Defies Rising Yields by Pledging to Remain Highly Accommodative

By Brunello Rosa

In this paper we discuss:

  1. The Fed's latest assessment of the US economy;
  2. What the Fed's FOMC decided in March;
  3. What the Fed is likely to do in coming months;
  4. How the Fed altered its forecasts in the SEPs; and
  5. The market implications of all the above.

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Download PDF: R&R Flash Fed Review - March 2021

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