UBS On-Air: Paul Donovan Daily Audio 'The start of policy decisions'
Mar 19, 2024
02:21
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US interest rate expectations jumped about yesterday. There was a lack of either meaningful data or Federal Reserve commentary. However, there is also a lack of a medium-term policy framework, articulating the Fed’s views on the interaction between policy and economics. At a time of structural change, that lack of a framework encourages volatility.