Archive for June 21st, 2021

New Overnight Developments Abroad - Daily Update

Investors Continuing to React to Fed’s New Tone

June 21, 2021

Markets had expected the FOMC meeting last week to push back against concerns related to this year’s supply delay-driven rise in inflation and were surprised when that opportunity wasn’t fully utilized. The dot-plot diagram of individual member interest rate path preferences shifted the likely timing of the first hike in the federal funds rate from […] More