Fed Hikes By 25bps and Flags Three More Rate Increases in 2018
As was widely expected, the Federal Open Market Committee raised the fed funds rate target range by 25 basis points today to 1¼%–1½%. Chicago Fed...
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Fed Meeting Preview: Focus on the 2018 Funds Rate Dots
The Federal Open Market Committee (FOMC) meeting concludes on Wednesday this week and the November employment report appears to have locked in a...
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Phillips Curve and Labor Market Dynamism
We heard several times last week the assertion that wage increases have been significantly less than one would expect given the state of the labor...
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The Market Sentimentalist -Â Get Out Of Jail Free: Thoughts On US Yield Curve Flattening
SummaryThe Fed is poised to continue its rate hiking cycle. Reminiscent of earlier bond market conundrums, longer-dated Treasury yields have not...
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The Counter-Revolution of Hate:Â How Central Banks Have Sold Out Free Markets
Free-market capitalism is under siege as a direct result of monetary policies adopted in the wake of the financial crisis. It may survive but it...
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