Muted Long Term Expectations

By |2015-10-25T21:44:32-04:00October 25th, 2015|Bonds, Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks, Taxes/Fiscal Policy|

The US Central Bank has a dual mandate to promote maximum employment and stable prices. Originally, this meant the Central Bank would help to smooth the business cycles that tend to occur in an economy. When an output gap emerged, they would lower the interest rate. This would not only lower the debt burden on the economy but would lower the [...]