Patient Powell, impatient markets - David Riley

19/03/2021 13 min
Patient Powell, impatient markets - David Riley

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Episode Synopsis

David Riley joins us on the BlueBay Insights podcast to update us on the latest round of central bank meetings.We asked David:The US Federal Reserve meeting was highly anticipated. Did it live up to its headline billing?The Fed revised up its growth and inflation forecasts, but was there any change to its interest rate projections, the so-called dots?It does seem the Fed was very dovish, yet bond yields continue to move higher.The US Federal Reserve was not the only central bank meeting yesterday. The Brazilian central bank also held a policy meeting.The ECB also had a policy meeting, could you update us?How should investors navigate higher bond yields and interest rate volatility?