How High Will Interest Rates Go? | RSS.com About as high as investors thought last spring. Emotions are running hot, bouncing from expecting the Fed to get more aggressive to expecting them to slow down, but projections haven’t changed. ——— Links to Resources Mentioned “Consumer Price Index – August 2022,” Bureau of Labor Statistics, September […]
Category Archives: Federal Reserve
Powell Agrees: This is Temporary
Guess who agrees with yours truly that economic damage in reports and forecasts is only temporary? None other than Federal Reserve Chairman Jerome Powell. He said yesterday on the Today show: “This is a unique situation. People need to understand, this is not a typical downturn. What’s happening here is people are being asked to […]
“QE4, put in a floor!”
It looks like we’re in for another volatile week. Last night the Federal Reserve held an emergency session in lieu of its meeting scheduled for later this week. It was part of a coordinated action with other central banks. Fed Chairman Jerome Powell announced several steps to support the economy as it weathers “disruptions caused […]
On the Desk 8/21/13
OVERVIEW Market Valuation | The Shiller P/E has flashed red for months. Now Jim Swanson at MFS is worried about trailing P/E, too. Rising Rates | Yields are bouncing around two-year highs. There may be more to it than just a taper tantrum. Summers or Yellen? | The frontrunners to head the Fed sport very […]