John Authers, Columnist

The Fed Will Matter More to Investors Than Ukraine

For all its drama, the war doesn’t show up — so far — as one of the biggest turning points of the pandemic era. Keep your eye on monetary policy.

March 16, 2022 at 5:50 AM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Investors should be watching the dots.
Photographer: Samuel Corum/Bloomberg

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Let’s get ready for an opportunity to think less about bloodshed and suffering in Ukraine, and instead focus on the familiar confines of Wednesday’s decision on monetary policy from the Federal Open Markets Committee. For finance, it probably matters more.