Unanimous Fed Holds Rates As Expected – Suggests March Hike May Not Be Imminent
by Tyler Durden
ZeroHedge.com
Feb 1, 2017
With gold gaining, dollar declining, a flattening yield curve, and a market not buying The Fed’s 3-hikes plan, Janet and her band of merry-men (and women) had to do something to get investors’ confidence back to signal ‘March is live’, as Trumponomics dominates the conversation…but it appears they failed. FED SAYS CONSUMER, BUSINESS SENTIMENT HAVE IMPROVED OF LATE; REPEATS NEAR-TERM RISKS TO OUTLOOK `ROUGHLY BALANCED’, MARKET-BASED INFLATION GAUGES `REMAIN LOW’ – Not exactly Hawkish.
The Rest…HERE