Has the Gabby Fed Gone Too Far in Its Transparency Push?
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
Current projections say there will be two hikes in the latter part of 2022.
None of the shock that came with the Fed’s 2013 move has appeared. And, anyway, equities seem to have a special immunity to QE’s fate.
Investors could see either a 1970s-style double-digit ripsnorter, a return to a more normal level, or something in between.
What should the pace of reductions be? The slower, the better, says research sage Jim Woods.
Commonwealth’s McMillan ascribes nasty CPI numbers to a few aberrant items, already cooling off.