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Takeaways from the Fed’s meeting
The financial markets expressed their relief yesterday after the FOMC’s meeting, since the Fed confirmed that its predominant scenario is to loosen monetary policy this year. The first rate cut still looks likely to be made at the June meeting. However Jerome Powell was fairly vague about the timing. In any case, monetary policy easing is seen as gradual (three cuts in 2024 and the same number in 2025). The FOMC acknowledged that inflation risks have mounted in the last three mon...
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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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