A HIGH BAR FOR LOWER RATESEconomic Commentary |
Once again, the Federal Reserve (Fed) and the markets are at odds with each other.
The Fed announced it would keep rates unchanged at the conclusion of its most recent policy meeting on May 1, and Fed Chair Jerome Powell delivered comments that mirrored what he’s said for the past few months.
John Lynch Chief Investment Strategist, LPL Financial
Barry Gilbert, PhD, CFA Asset Allocation Strategist, LPL Financial
Callie Cox, Senior Analyst, LPL Financial