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L.SONDERS -1. Market perspectives and 2.Policy of Truth: Fed Holds Rates Steady Amid Somber Outlook

johnNjohnN
edited August 2020 in Other Investing
https://www.schwab.com/resource-center/insights/content/market-perspective


https://www.schwab.com/resource-center/insights/content/fomc-meeting

Policy of Truth: Fed Holds Rates Steady Amid Somber Outlook

By Liz Ann Sonders

Key Points
The Fed left rates unchanged and reiterated its pledge to increase its holdings of Treasuries and mortgage-backed securities.

There was no mention in the statement of inflation targeting, new forward guidance or yield curve control; but heavy emphasis on the “course of the virus.”

The Fed reiterated that it will use its “full range of tools” to support the economy.


Maybe slow V shape, W or crash coming. No one really knows, but having a diverse investment lobg term approach geared portfolio maybe helpful.
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