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ANALYSIS: Fed Hold Keeps Markets Anchored as Rate-Cut Timeline Slips

The Federal Reserve’s decision to keep the target range at 3.5%–3.75% effectively cemented a “higher for longer” stance at the front end of the curve, even as inflation stays above target and geopolit

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The Federal Reserve’s decision to keep the target range at 3.5%–3.75% effectively cemented a “higher for longer” stance at the front end of the curve, even as inflation stays above target and geopolitical risk around the Iran conflict keeps volatility elevated. For markets, the signal was less about the unchanged rate and more about the...

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