The Fed’s interest-rate decision has pushed it into uncharted territory. Here’s what that means for markets.
|01/30/2019||Posted by BusinessMediaguide.Com under General World News||
- The Federal Reserve held interest rates unchanged on Wednesday as expected.
- That didn’t mean the meeting was a nonevent for investors, according to John Normand, JPMorgan’s head of cross-asset fundamental strategy.
- Normand outlined why the Fed’s decision actually put it in uncharted waters and explained what this means for various markets.
Yet, it was an unusually crucial meeting.
One reason for this was obvious: it was the first time the Fed chair was scheduled to hold a press conference after a meeting that did read more >>>