Our Head of US Rates Gregory Faranello, CFA shares his reaction with Maria Bartiromo on Fox Business Network on this week’s Fed meeting.

“If you look at the overall economic projections for the quarter, it was interesting they raised their GDP forecast so they’re saying the economy is doing better. They have the unemployment rate going up but it’s lower relative to June, so that natural rate of unemployment is lower post pandemic…and they have interest rates coming down over time.”