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 :

Brief respite for financial markets ahead of a raft of economic data

German baseload year-ahead prices hit a new 12-year high

EUAs posted significant gains on bullish wider markets

Simplifying energy markets