Loncatbang Details in Fed decision are dovish strategist says
The Fed keeping its expectation of three interest rate cuts in 2024 can be taken as a positive sign, even as the central bank kept levels unchanged at its March meeting, according to Sonu Varghese, global macro strategist at Carson Group
“The details are quite dovish, because they’re leaving rate cuts on the table even while projecting slightly higher inflation and more economic growth,” Varghese said.
