The View from 5th Avenue – 28 January 2026

Fed days are normally my favorite days but with the committee voting to press pause on rate cuts in a widely expected move, there was little left up for debate and investors hit the snooze button. Despite journalist’s best efforts Chair Powell closed out his third to last Fed Day with class, offering advice to his successor to stay out of elected politics while refraining from commenting on the current turmoil. For the nerdiest of Fed watchers out there, today’s meeting shone a fresh light on t…

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