It’s of no surprise the June Federal Open Market Committee (FOMC) concluded with rates being held near zero. We were offered some reassurance the Fed expects to have “no rate increase at least through 2022.” Not mentioned, the amount of bond buying required to ensure rates remain low for the next two years. However, Chairman Powell offered other insights. Per the opening remarks , the Fed will continue to increase its balance sheet at least for the foreseeable future: Read More.