#97 The Fed's new chair just showed markets he'd rather they guess

The US Federal Reserve held rates steady for a fifth straight meeting, but three dissents and a chair who won't give forward guidance left bond markets more unsettled than the decision itself. John Stopford explains why the confusion matters more than the vote, and what it means for positioning across bonds and equities.

Hosted on Acast. See acast.com/privacy for more information.