The Fed's Message: Patience and No Change in Interest Rate Policy

Kathy Jones and Liz Ann Sonders discuss this week's Fed meeting and the implications for investors.
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    In this episode, Liz Ann Sonders and Kathy Jones analyze this week's FOMC meeting and its impact on the economy and financial markets. The Fed's message was one of patience, with no change in interest rate policy. While the Fed acknowledged some caution about inflation, Fed Chair Powell said he believes that the current interest rate is high enough to bring inflation down in the long run. The Fed also announced that they will begin tapering their quantitative tightening policy. The conversation also touches on the impact of bond yields on the equity market, the recent drop in commodity prices, and the concerns about rising debt and deficits.

    Finally, Kathy and Liz Ann offer their outlook on next week's indicators and upcoming economic data.

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