Chair Powell no doubt laid out a dovish outlook for the next few years, if not longer – a view that was shared by nearly all FOMC participants. The FOMC also opened the door for additional monetary stimulus, in a variety of forms. What should investors expect going forward?
In this episode MUFG Rates Strategist, John Herrmann, breaks down the June FOMC meeting and tells listeners what it means for the real economy, interest rates and his core strategic investment stance of a 2s-30s yield curve steepener.
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Download: 'We're not even thinking about thinking about raising rates...' The MUFG Global Markets Podcast (MP3)