Tag Archives: Federal Reserve
Is the Federal Reserve Adding to Market Confusion?
The Federal Reserve Open Market Committee has taken the relative small (and symbolically huge) step of raising the target Fed Funds rate by one-quarter point. But its decision-making process and communications to financial markets both before and after the move … Continue reading
Posted in Federal Reserve, Market Commentary
Tagged Fed Funds, Federal Reserve, FOMC, interest rates
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The Fed Tries to Thread the Needle
Last week, the Federal Open Market Committee decided to leave the target Fed Funds rate unchanged at 0%-0.25%. This was consistent with the views expressed in the pricing of Fed Funds futures, but it was still a disappointment to those … Continue reading
After Last Week’s Sell-Off, A Market Correction Is More Clearly Underway
Stock markets around the world got clobbered last week. The U.S. was down 5%-6%. Europe fell 5%-8%. China and nearby countries also dropped 5%-8%. Latin America was mixed, but still down 1%-8%.