All Posts Tagged: interest rates

U.S. Outlook: Interest rate normalization is ‘hurry up and wait’

Scott Anderson
Chief Economist
Graph showing recent downward trend in consumer spending.

“Hurry up and wait” pretty well describes the state of monetary policy today as the Fed goes further down the path of interest-rate normalization. With the March rate hike decision, the FOMC, in my opinion, took the opportunity to fire a shot across the bow against rapidly tightening labor markets, rising consumer inflation, and stock […]

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Instant Analysis: Fed raises rates at March meeting

Scott Anderson
Chief Economist
Close up of the Federal Reserve building with the eagle statue

The Federal Reserve raised the fed funds target rate range today by a quarter percentage point to 0.75 to 1.00% from 0.50 to 0.75%, as expected. There was one dissent in the Federal Open Market Committee (FOMC) decision, as Neel Kashkari preferred to maintain the existing target range for the Fed funds rate. The move […]

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U.S. Outlook: An early spring for the jobs report

Scott Anderson
Chief Economist
Graph showing recent rise in the labor force participation rate.

The payroll report for February did not disappoint. Job gains were 235K; our forecast was for 220K.

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Investment Insights: Animal spirits flying too high?

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Upward view of statue depicting an eagle with wings outstretched, with a little bit of the Federal Reserve building (Atlanta) behind it

The animal spirits that lifted the market to each new high may have hit their limits, as the S&P 500 Index has failed to advance the past few trading sessions and consumer confidence may be starting to lose momentum.

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