Pantheon Macroeconomics - The FOMC kept policy unchanged at April's meeting-- rates stayed at zero, and all the market valves are wide open, as needed--but policymakers spent considerable time pondering what might happen over the next few months, and how policy could evolve.

U.S. | 21 May 2020 FOMC Pondering Stronger Forward Guidance and de jure Curve Control
The FOMC kept policy unchanged at April's meeting-- rates stayed at zero, and all the market valves are wide open, as needed--but policymakers spent considerable time pondering what might happen over the next few months, and how policy could evolve.

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21 May 2020 FOMC Pondering Stronger Forward Guidance and de jure Curve Control

By Ian Shepherdson

The FOMC kept policy unchanged at April's meeting-- rates stayed at zero, and all the market valves are wide open, as needed--but policymakers spent considerable time pondering what might happen over the next few months, and how policy could evolve.

Posted: 21st May 2020 in 'U.S.'

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