The Federal Reserve Discount Window rate is up to 5.25% after the Federal Open Market Committee decided yesterday to increase … More
Tag: fed funds rate
Interbank Market News Scan: Betting markets see the effective federal funds rate dropping and that the Fed will not hike rates.
Over the next twelve months, as rates fall any cheerleading about an economic upturn should be tempered by a narrative that a close eye is being kept on the economy and that disciplined expenditures are being made to keep moderate winds blowing into the economy’s sails.
Interbank Market News Scan: Inflation slows. Expect Biden to take a victory lap.
Should Mr Biden speak specifically to the inflation report, I expect that he will give some amount of credit to his inflation reduction and infrastructure initiatives that he has been implementing over the past two years. In theory, fiscal spending usually takes 18 months to move through the economy. Inflation, however, is a monetary phenomenon where there is an increase in money supply and not enough production in the economy to absorb the money supply.