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

US Fed sticks to the script

"Mr. Vivek Goel, Joint Managing Director of Tailwind Financial Services, reflects on the US Federal Reserve's latest policy decision, stating: 'The Fed's move was largely as anticipated, with a 25 bps rate hike pushing the Fed rate to 5.25-5.50%, the highest in over two decades. Powell's continued emphasis on data dependency allows for nimble decision-making in the face of evolving economic conditions. 

With the next meeting just 8 weeks away, the Fed has wisely positioned itself with the flexibility to adjust its pace in response to growth and inflation data. The revised forecast from the Fed staff, no longer predicting a recession, points to improved economic prospects in the near term. Moreover, the committee's projection of inflation not reaching the 2% target until 2025 could have dampened rate cut expectations, but Powell has allayed concerns by keeping the option of rate cuts open before hitting the target, potentially in the coming year.'"

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

Mr. Vivek Goel, Co-founder and Joint Managing Director of Tailwind Financial Services, brings a wealth of expertise to the table with an impressive background in finance, holding an MBA Finance from IIM-Lucknow, and being a CA and FRM. His previous role involved successfully managing Ultra HNI portfolios exceeding $1 billion.

At Tailwind Financial Services, Mr. Goel plays a pivotal role in nurturing client relationships and collaboratively managing their portfolios.

Leveraging their cutting-edge wealth management platform, Tailwind aims to be the go-to solution for all investment needs. Through their digital app and website, investors are empowered to create customized investment plans based on their financial objectives and risk appetite. Tailwind ensures seamless execution and monitoring of investments, all within their platform.

Tailwind's comprehensive suite of investment solutions spans Mutual Funds, PMS, AIFs, Bonds, Corporate FDs, Early Stage Startup Investments, Global Investing, Asset Leasing, and Estate Planning, among others. Since its inception in 2016, the company has been dedicated to simplifying financial decisions while offering fully digital and secure solutions, coupled with exceptional customer service. Tailwind's commitment to staying at the forefront of innovation is evident in the recent addition of Asset Leasing, Global Investing, and Venture Capital offerings, alongside their user-friendly digital app.

Above views are of the author and not of the website kindly read disclaimer