Lombard Odier IM: Was the Fed’s tone really ‘dovish’?

28 July 2017 | 2 minutes read

Lombard Odier Investment Managers disagrees with the market’s interpretation that the Fed’s FOMC statement had a ‘dovish’ tone, with the asset manager holding the view that policies will be tightened further despite low inflation. The FOMC this week acknowledged that inflation in the US has declined to below 2% and is likely to remain “somewhat below” this level. The market…

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