In this episode of "Markets with Megan", we break down the recent Federal Reserve meeting and Treasury funding announcement. Megan discusses that while the Fed did leave interest rates unchanged, the focus is on what they said. They emphasized a "tight" monetary policy, with plans to continue reducing their balance sheet. The standout words were "elevated" and "strong," highlighting a robust job market and economic growth in Q3. She focuses on how this initially boosted equity markets and lowered bond yields. However, a closer look at the press conference reveals that the Fed may not be finished. They're cautious about inflation and its impact on their targets, this suggests higher rates for a longer period. 

https://youtu.be/5eSKPAgiL3w

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