Ralph Fogel shared some of his thoughts on the possibility that the Federal Open Market Committee will be holding their current rates where they are.
“It’s a double-edged sword,” said Ralph Fogel, head of investment strategy at Fogel Neale Partners. “On the one hand, it shows that the Fed is willing to do something — and they need to since every monetary measure is declining — so it shows that they’re taking steps, but it could also increase fear in the marketplace.”
To read the full article click here.