Tag: #fed

“For all of us, the appropriate policy decision is going to be data dependent and all of us will be looking at the incoming data and our opinions about the appropriate timing of normalization are likely to shift as we look at how the data evolves.” – Janet Yellen, June 2015 FOMC Press Conference “Data […]

Seven Years of Famine for Savers

“The seven lean, ugly cows that came up afterward are seven years, and so are the seven worthless heads of grain scorched by the east wind: They are seven years of famine.” – Genesis 41:27 If the futures market is correct, the U.S. Federal Reserve will continue to hold the Fed Funds rate at 0% […]

Will the Fed raise rates and if so, when will they start and how quickly will they hike? In a world obsessed with easy money, these questions have become among the most important for global markets. There is currently a wide disconnect on the answers, depending on whether we are looking at the Fed’s own […]