“Fed Shifts to a Policy That Is Still Stimulative, But a Tiny Bit Less So”

The Top of Matt’s Wish List: The Fed Rate Hike was quickly memorialized in these T-shirts by Quartz.

The Top of Matt’s Wish List: The Fed Rate Hike was quickly memorialized in these T-shirts by Quartz.

The above headline comes from University of Michigan Economist Justin Wolfers. Much news coverage will be dedicated to the Fed’s first rate hike since 2006. However, we should keep three things in mind: Continue reading

Fed Up!

Federal Reserve Prediction Accuracy 2009 – 2012

This blog is featured in the Summer issue of our 360insights newsletter.
 
First there was Irrational Exuberance, then Quantitative Easing, Operation Twist and the Taper Tantrum. Over the years the US Federal Reserve Bank has added many words to the lexicon of finance. Fed decisions, meeting minute announcements and speeches by committee members create headlines and excitement as pundits pour over every word looking for any clues on the next move they’ll make. Continue reading