The Fed, One and Done
By Kelvin Lee, Alonso Munoz We expect the Fed to hike rates by another 25-basis points at today’s July meeting. Just a reminder, we (rates) are already in restrictive territory, and today’s decision will bring the FOMC target range up to 5.50%. Since the beginning of this tightening cycle, the Fed has raised rates 550 […]
The Fed: A Lose-Lose Decision
By Kelvin Lee, Alonso Munoz 1:35PM EST In roughly 20 minutes, we expect the Federal Reserve to raise rates by 25 basis points, bringing the target range to 4.75% – 5%. The decision for the fed to either raise rates or pause will be significantly challenging as bank stability and high inflation are now troubling […]
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 […]
