Up We Go
By Kelvin Lee The Federal Open Market Committee (FOMC) will announce their decision to raise interest rates today at 2pm in Washington D.C. Today’s decision comes after the high CPI print last Friday indicating that consumer prices rose 8.6%, the highest in 40 years. The Fed walks a delicate tightrope in today’s meeting as its […]
Dissecting the Most Recent FOMC Minutes
During its most recent two day meeting, the FOMC discussed the domestic economy, markets, interest rates and its asset purchase program. Key takeaways from the meeting: 1) The economy continues to improve, but there are still millions of unfilled jobs. Employment, according to the Fed, is a key metric in determining an appropriate time to […]
