Greater than the threat of rising cost of living, the Federal Reserve is really concerned concerning unemployment and also underemployment, stated Expense Baruch, president of Blue Line Futures.
" [The Fed] does not really expect inflation, that does not give them factor to move yet they do intend to see full work," Baruch said. "The U3 rate is about 6%. It's the U6 price that is 11% today, and that's the underemployment, so people that have befalled of the work force, and that's what stresses the Fed and that is just one of the reasons why they ought to continue to be dovish."
0:00 – Market steps after Fed declaration
3:40 – Bond yields
7:37 – Conditions for lift-off
9:15 – Asset futures
12:20 – Equities
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