Posts tagged ‘The Federal Reserve’

Short and Sharp – The Federal Reserve and a tale of two markets



Markets weren’t surprised. The Federal Reserve (Fed) had clearly telegraphed their decision to raise policy rates last week. But what was less expected was the Fed’s signal about future policy: another rate hike is likely this year, three more next year, plus the Fed will begin reducing the…

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Adjusting to a New Reality: Higher, Potentially Positive, Real Fed Funds



The Core Consumer Price Index (CPI) moved higher with the November print from 1.91% year-over-year to 2.02% year-over-year, jumping 0.11% in one month. For reference, core inflation is most often calculated by taking the CPI and excluding certain items from the index, usually energy and food…

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