I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that 55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace.
I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that 55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace.
The GDP upgrade could put more pressure on the Fed. At the same time, we're losing ground with the consumer... From the perspective of today's market, it's a one-two punch.
© 2020 Inspirational Stories
© 2020 Inspirational Stories