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Fed move sparks muted rally

Credit: Reuters Studio
Published on March 20, 2019 - Duration: 03:42s

Fed move sparks muted rally

Thomson Reuters Stocks Buzz analyst Terence Gabriel tells Reuters' Fred Katayama why investor reaction to the Fed move was muted and why he's cautious on the outlook for stocks.

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Fed move sparks muted rally

The Federal Reserve took a sharply less aggressive policy posture on Wednesday, signaling it will not hike interest rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September.

Thomson Reuters Stocks Buzz analyst Terence Gabriel tells Reuters' Fred Katayama why investor reaction to the Fed move was muted and why he's cautious on the outlook for stocks.

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