The Fed's never been so confident on economic growth. What investors should do now, according to KKR.
According to Market Watch, KKR commented on the Federal Reserve's economic outlook, noting that members of the Federal Open Market Committee showed their lowest level of worry about GDP growth since the Fed first began releasing its outlook. The report frames this as the Fed's strongest confidence in economic growth on record.
Why it matters — A KKR watcher would care because the firm is offering its read on Fed confidence in economic growth, which can influence investment conditions and market sentiment relevant to KKR's activities.