1709, 2015

Fed Interest Rate Hike (Maybe or Maybe Not)

By |September 17th, 2015|0 Comments

The Federal Reserve will announce today at 2 PM whether or not they will hike interest rates. (followed by Chair Yellen’s new’s conference.) Will this be the first hike since 2006? The forecasters remain equally split as the evidence provides no definitive clue but the federal funds futures market is suggesting a 30% chance of a 25 bps increase. […]

1307, 2015

Q1 & Q2 Financial Review

By |July 13th, 2015|0 Comments

The Economy and the Federal Reserve Bank – The third and final revision for the first quarter GDP of 2015 was a dismal -.2% and the second quarter will likely be soft but much better. Most forecasters believe that the final revision for the second quarter will range from +.9% to +1.6% as the consumer […]