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The Warsh Fed: A New Playbook for Bond Investors?
The Federal Open Market Committee (FOMC) held interest rates steady at their June meeting as inflation remains above the Fed’s target and the labor market continues to show resilience. While the policy decision itself was widely expected, investors were more focused on the outlook and messaging from the first policy meeting of new Chair Kevin Warsh.
In this Market Brief, Chris Aleman and Mike Sanders discuss the key takeaways from the meeting, what advisors should pay closest attention to in the Fed’s updated dot plot, and how to interpret the policy decision and outlook for client…
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