As markets brace for the Federal Reserve's decision on interest rates, Dreyfus and Mellon Chief Economist and Former Fed Economist Vincent Reinhart joins Catalysts to provide his insight on the Federal Reserve's impending decision.
Reinhart highlights two key themes that investors can anticipate from Powell's remarks. First, the Fed typically"leans into the policy action of the previous meeting" to avoid surprising the markets. Additionally, he expects Powell to provide an update on"the slowing of the run-off on balance sheets."
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