Posts Tagged "normalization policy"

Fed’s great pivot

Posted By Darren Winters on Jun 24, 2019

The latest Federal Open Market Committee (FOMC) meeting, June 19, could have been interpreted as the Fed’s great pivot to a new era of monetary easing from what was a brief period of “patient” normalization policy. Fed officials no longer made reference to being “patient” on rates. Instead, the tone was more dovish with talk about “uncertainties” around its outlook increasing.  The Fed’s great pivot is an admission that...