On Friday afternoon Chair Janet Yellen delivered a speech at a conference sponsored by the San Francisco Fed, titled “Normalizing Monetary Policy: Prospects and Perspectives.” Many analysts will delve into the speech to find a possible nugget of “forward guidance” in the predisposition of Chair Yellen’s desire to raise rates. 1,056 more words
Tags » FOMC
A selection of my recent observations in client notes, speeches and radio appearances, which have provoked sufficient reaction to merit a further airing.
Fed loses ‘patience’ … 1,887 more words
We always watch bonds closely. In the beginning of this blog’s history some readers might have called our fixation obsessive, so we diversified but never stopped watching. 482 more words
The post-meeting statement of the Federal Reserve’s Federal Open Market Committee indicated that while the Fed is considering raising its target rate as early as June, the agency is in no hurry to cast anything in cement. 120 more words