Institution: The Federal Reserve's policy is likely in a good position

Golden Finance reports that on April 29th, Laura Cooper from Nuveen stated in a report that it would be prudent for the Federal Reserve to remain patient this week, as its policy is in a good position. This global investment strategist noted that March data showed resilience, from solid employment figures to controlled inflation and optimistic retail sales, indicating that American consumers have the buffer to absorb energy shocks. Meanwhile, Cooper, who also oversees macro credit bonds, said, “Financial conditions remain favorable, so the Fed’s data-dependent stance may stay unchanged.” (Sina Finance)