Does the Fed need to become more dovish?
Didier Saint-Georges of Carmignac
Financial markets became scared at the end of last year that the US Federal Reserve's monetary tightening could precipitate the country's economy into recession.
The U-turn by the Fed was enough to reignite broad optimism. If a recession is avoided, and interest rates are guaranteed to remain low, then this is enough of a Goldilocks scenario to justify that...
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