The Fed keeps a very dovish stance despite stronger optimism

Macro-economy
March 18, 2021

The Fed expressed more optimism about economic prospects, no worry about raising bond yields and saw no need to hike rates before 2024. The markets’ reaction was rather calm, but the USD plunged and the EUR/USD exchange rate rebounded unexpectedly from 1.19 to 1.1980.

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The Fed keeps a very dovish stance despite stronger optimism

You might also read :

Macro & Oil Report: US economy: what we see and what we want to see

Record wind generation weighs on spot prices, curve up on rising gas prices

Power prices dropped further while EUAs slightly recovered

Simplifying energy markets