The much-awaited announcement from the US central bank was a curious mix of comfort and caution, leaving investors to focus on the comforting part. The Federal Reserve, in its usual cryptic style, suggested that the economic outlook is cautiously optimistic. They foresee a future with slightly slower growth and a touch more inflation, but nothing too alarming. In response, the US stock market bounced back yesterday, as investors took solace in the Fed's cautiously positive stance. That's it for today, thanks for listening!
