THE WisdomTree BLOG
After the March Fed meeting, no more rate hikes appeared to be in the offing for 2019, so naturally, the only place to go from there would be rate cuts. Kevin Flanagan analyzes the Treasury yields that look more like the Fed already cut rates but forgot to tell anyone.
The transformation of Fed policy continues. What was viewed as a hawkish FOMC outcome at the December meeting has now morphed into a more dovish outlook. In fact, one could conclude the Fed is leaving March by “going out like a lamb.”
The first Federal Open Market Committee meeting of 2019 is now on the books. The policy statement provided further evidence that the Fed is going about things in a different way than investors have been accustomed to over the last few years. Is this decision-making process the “new” normal?
The U.S. Federal Reserve has already weighed in on their policy guidance earlier this month. While the lion’s share of the focus has been Fed-centric on this front, it seems like a good exercise to check in on what expectations look like for the remainder of the developed world’s key monetary policymakers.