short end

Inflation Hysteria(s)

By |2018-03-13T17:02:38+00:00March 13th, 2018|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

On May 16, 2000, the FOMC gathered around in Washington to debate taking more extreme measures. For nearly a year, Greenspan’s Federal Reserve had been “raising rates” in the now-familiar pattern. Adjusting their target for interest on federal funds, the Committee had by then increased it at all of the five previous policy meetings, each [...]