The Federal Reserve voted to keep interest rates unchanged, and Apollo Global Management economist Torsten Slok said the Fed has 'completely ignore[d]' the Middle Eastern shock to markets. Slok's critique signals concern that policymakers may be underweighting geopolitical risk, which could increase market volatility and prompt risk-off positioning among investors.
The Federal Reserve voted to keep interest rates unchanged, and Apollo Global Management economist Torsten Slok said the Fed has 'completely ignore[d]' the Middle Eastern shock to markets. Slok's critique signals concern that policymakers may be underweighting geopolitical risk, which could increase market volatility and prompt risk-off positioning among investors.
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mildly negative
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