FOMC review – risks are brewing and the Fed know it
Rather than a full text, I have put together a video reviewing the FOMC meeting and the market moves – what was said, what was left out and how Jay Powell and the Fed see economic risks evolving. We look at the key near-term event risks for the Fed and the clear focus on the September FOMC which promises to herald major change for the Fed.
I personally feel the USD move is close to being over, with growing risk to broad sentiment in the near-term. I touch on that in the video, but it feels like the Fed sense a period of worry and then consider that markets are priced for perfection. Take a look and let me know how you feel on the subject –
Please let me know your thoughts on the comments below.