Fed Day
Wednesday is Fed day. At 2:00 pm, they will announce their new target Fed Funds rate.
Wednesday is Fed day. At 2:00 pm, they will announce their new target Fed Funds rate.
The bond markets continue to be a bit of an enigma at the moment. The interest rates on short-term securities have been on a relentless rise since the beginning of 2015.…
The Fed tells us that they attempt to establish a level of interest rates that is neutral with respect to the general price level. This is one in which the…
The statement of public figures tells us a lot about conventional wisdom. In our views, government and regulatory bodies are "consensus" entities. That is to say, their statements have more…
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If you listen to the investment strategists, fixed-income specialists, financial press, politicians, and employees of the Federal Reserve System, you would think that interest rates are under control of the…