by Chad Shoop
The Sovereign Investor
When the Federal Reserve released its monetary policy statement last week, there were no surprises — no rate increase, no hint of when to expect an increase and no, well … nothing.
Fed Chair Janet Yellen toed that dovish line in a press conference shortly after the statement was released, not budging an inch.
While this lack of action bolstered the markets, which were already expecting nothing from the Fed, last week’s release actually holds important clues to the Federal Reserve’s inner workings…
Clues that signal the Fed’s next move, as well as signal where we want to be positioned as investors.