Central Banks manipulate the price of money using several different tactics for controlling interest rates. One of those mechanisms is buying assets like bonds. The last easing program that the Federal Reserve conducted ended in Oct. of 2014. Even though interest rates are still at a record low in the United States, the effects of … Read more
It’s anyone’s guess… On Wednesday, March 18th, the Federal Reserve released an official statement and held a press conference regarding monetary policy and current economic conditions. In this statement, the Fed projected a decline in its inflation expectation, and revised projected GDP growth downward. These are both signs of a slowing economy, not the accelerating … Read more
On December 17th the Federal Reserve’s FOMC released its meeting statement, forecast and held a press conference for chair Yellen. The Fed kept up its data dependent commitment to raise interest rates, but affirmed to be patient when deciding to do so. Janet Yellen once again reiterated that the decision is entirely data dependent. Meaning … Read more