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Today’s Fed announcement keeping the Fed funds target range at 2.25% to 2.5% was more than simply leaving rates unchanged for the moment. Behind the headlines are changes in their expectations for inflation and the economy and adjustments in their operating procedures: The FOMC will be patient as it determines what future adjustments to the…
Questions and some answers on issues facing, or created at, the Fed Raise Rates? Not very likely next week at the September 21st FOMC meeting. Recent data including August jobs report, declines in Industrial Production and Retail Sales and comments from FOMC members argue against a move now. The November 2nd meeting is just days…
