In a somewhat anti-climactic fashion, the Federal Reserve (Fed) delivered not only on their widely anticipated 50 basis point (bp) rate hike, but also announced their plans for quantitative tightening (QT) at the May Federal Open Market Committee (FOMC) meeting.
To read this article, you need a subscription to Investment Officer. If you don't have a subscription yet, click on 'Subscribe' to see the various subscription options.
