Articles of Interest

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Easing in the Economy

The Federal Reserve’s (Fed) March 20 decision to not raise rates and likelihood of not raising them in 2019 was more relaxed (“dovish” in Fed speak) than anticipated by many. The worries toward the end of 2018 were that the Fed would continue to raise its target interest rate (Fed rate). But the last week of 2018 saw a distinct reversal and a more “inactive” (dovish) shift in the Fed's rhetoric. Furthermore, this was followed by two increasingly “no change” (dovish) Federal Open Market Committee (FOMC) meetings.

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