All Posts Tagged: interest rates
The need for another quarter-point Federal Reserve interest rate cut at the end of October continues to increase. In fact, more cuts will likely be needed in the months ahead to stem the tide of slower U.S. and global economic growth.Read More ›
We think it’s about to get harder for consumers in the quarters ahead. For now, they actually still feel pretty good about their current job and financial situation.
Consumer sentiment just hit a three month high in October, according to the University of Michigan Survey. Indeed, U.S. households still have a lot going for them. The U.S. unemployment rate just hit a 50-year low.Read More ›
It’s all about bank reserves and the demand for liquidity. This week money market rates went haywire for the first time since the early days of the financial crisis. The overnight repo rate spiked to almost 10.0% on Tuesday, but that wasn’t the only overnight money market rate to shoot higher.Read More ›
U.S. job growth slowed considerably in August, raising the possibility of two more Federal Reserve rate cuts this year.Read More ›