What the Fed’s Latest Move Means for Investors The Federal Reserve left the federal-funds rate unchanged Wednesday, as expected, at 2.25%-2.50%. The Federal Open Market Committee removed the word “patient” regarding future rate adjustments from its statement, indicating it is more likely to cut interest rates at future meetings than it was in March. Read […]
Tag: Federal Reserve
Bryce Doty quoted in Bond Buyer
Fed looks divided on future path The Federal Open Market Committee vowed to “act as appropriate to sustain the expansion,” keeping the federal funds rate target at a range of 2.25% to 2.50% at its two-day meeting. The post-meeting statement no longer includes the word “patient,” though it mentioned “uncertainties” to expectations the expansion will […]
Bryce Doty in Bloomberg
Stocks Eye Best Week of 2019 on `Fed Put’ Wagers: Markets Wrap Treasuries rally as weak jobs data spur bets on July Fed cut Trump says ‘good chance’ U.S. will make deal with Mexico U.S. stocks rallied for a fourth day after weak jobs data added to bets the Federal Reserve will cut rates. Treasury […]
Bryce Doty in Wall Street Journal
Fed Likely to Remain Dovish: Analyst Stocks have climbed in recent sessions amid signs that the Federal Reserve might cut interest rates to boost the economy. Bryce Doty, senior vice president and senior portfolio manager at Sit Fixed Income Advisors, said that the implications of May’s weaker-than-expected jobs report for the Fed are dovish. View […]
ETFMG's RISE in CNBC
Bond market will suffer some ‘indigestion’ as Fed prepares to charge, market watcher says The Federal Reserve is expected to give the signal for more rate hikes later this year as it wraps its meeting on Wednesday. The bond market is still struggling with that concept, says Bryce Doty, senior portfolio manager of fixed income […]