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Below the Quote on Fed Policy views from Mr. Vivek Goel, Joint Managing Director, Tailwind Financial Services

US Fed takes a short pause before their expected peak

The US Fed kept rates unchanged as per expectations. However, this was accompanied by a hawkish surprise through the dot plot indicating policymakers' expectations of a couple of rate hikes before the peak rate is reached.

In our view, the US Federal Reserve's policy announcement, and their rate trajectory expectations, presents a balanced and nuanced approach to monetary policy. The decision to maintain interest rates reflects a cautious stance, considering both positive economic indicators and lingering uncertainties.

Looking ahead, the combination of the policy announcement, the Dot Plot, and its rate trajectory suggests the possibility of a gradual normalization of interest rates, reflecting the central bank's confidence in the ongoing recovery. However, the Fed remains flexible and adaptable, responding to evolving economic conditions and prioritizing long-term stability"

 Mr. Vivek Goel, Co-founder and Joint Managing Director

MBA Finance from IIM-Lucknow, CA, FRM - he comes with a rich experience of managing Ultra HNI portfolios of over $1Bn in his previous role. At Tailwind he looks at client relationships, working closely with investors in managing their portfolios.

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