Federal Reserve monetary policy has entered a new phase – may be quite different | Forexlive
Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income. In summary. Federal Reserve Policy: The U.S. is entering a new phase of the rate-cutting cycle, distinct from the prior quarters. The Federal Funds Rate has been reduced to around 4%, which is still moderately restrictive but aligns better with inflation running in the low-to-mid…