Global Macro Service > Research Briefings > United States

FOMC maintains a very dovish stance

As expected, the FOMC reaffirmed its extremely dovish forward guidance. Given the recent stalling of economic activity linked to the rising number of virus cases, Chairman Powell retained a very cautious outlook. He said the Fed will continue to be ready to provide further policy accommodation as needed as “they hope for the best, but plan for the worst.”

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below