Report
Fed opts for status quo out to 2021 at least
The Fed has left its policy rate range unchanged, reflecting the end of the mid-cycle easing (-75bp) prepared in the Spring and implemented in July, September and October. The central bank henceforth expresses no bias, which means that status quo is seen as the optimal option until further notice. There is no inflation risk in the foreseeable future. There are still downside risks to activity, but they are no longer considered of sufficient intensity to justify a policy rate cut....
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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