Tag Archives: fomc meeting

The Bond Market is the House

New chapters of hubris in central financial planning are written on a regular basis. But rarely is one inscribed with such spectacular timing. Continue reading →

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Powell Holds the Line

This week, as expected, Powell and the Federal Open Market Committee (FOMC), held the federal funds rate at a target range of 4.25 to 4.5 percent. Of note, two members of the FOMC dissented from the majority decision. Continue reading →

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Let the Games Begin!

Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading →

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Why the FOMC Wants to Cut Rates

Capital follows a wide-ranging lifecycle. First it is imagined. Then it is produced. Later it is consumed. Ultimately, it is destroyed. How exactly this all takes place involves varying and infinite undulations over decades and centuries. Continue reading →

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