Powell Maintains A Dovish Stance, As The Fed Remains In The Sidelines
Unlike last year’s contentious FOMC meeting in December, this year’s rate decision was uneventful, as the Federal Reserve kept rates, as markets expected, unchanged. Looking forward, the Fed’s dot plot points towards no change in interest rates in 2020 and a single rate hike in 2021. However, I wouldn’t put much faith in…