Thornburg Investment Management's Jeff Klingelhofer quoted in Barron's

What the Fed’s Latest Move Means for Investors

The Federal Reserve left the federal-funds rate unchanged Wednesday, as expected, at 2.25%-2.50%. The Federal Open Market Committee removed the word “patient” regarding future rate adjustments from its statement, indicating it is more likely to cut interest rates at future meetings than it was in March.
Read more here: https://www.barrons.com/articles/what-the-feds-latest-move-means-for-investors-51560969604