Not Led by the Fed? (Federal Reserve Headquarters)
The Long and Short of it: Not Led by the Fed: So many in the business and financial community watch the Fed for clue on interest rates, but central bank can only direct influence short term rates…and many businesspeople’s decisions are more a function of long-term rates. In his most recent Fed Watch, ITR Economics Brian Beaulieu looks at the near-term behavior of short rates and why long rates aren’t following Fed’s lead.
“Ignore the Noise” advises ITR Economics economist Taylor St. Germain in his latest Trend Talks episode Economic Outlook following US Presidential Election: