Fed Stuck In An Uncomfortable Situation

From Professor Tim Duy at Fed Watch: Fed Stuck In An Uncomfortable Situation The Federal Reserve faces a most uncomfortable confluence of events as central bankers begin their two-day meeting to ponder the path of rate policy. In a nutshell, equities continued to struggle in the midst of fairly solid data as President Trump complains yet again about rate hikes while stoking the uncertainty that appears at least partly if not mostly to blame for the volatile equity markets. Yes, I know, it's a lot to follow. Hopefully I can break it down into more manageable pieces. … Bottom Line: The baseline ......(read more)

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