The Fed Remains on Hold as Inflationary Pressures Decrease — Fixed Income Outlook in 5 Charts

June 20, 2023 — After a prolonged debt ceiling standoff in Washington came to an end, the FOMC delivered on its long-awaited policy rate “pause” at the June meeting. Inflation is moving decisively lower, while the historically strong labor market is showing signs of weakening. We expect the trajectory of growth and inflation to continue trending lower through the balance of the year as the market now faces the prospect of a liquidity withdrawal from heightened Treasuries issuance.

  • DATE: June 20, 2023
  • TYPE: PDF
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