Let’s See If The Fed Can Make It Stick

Posted on December 16, 2015 by Tony Lima

The Fed has spoken. The new target rate for the Federal Funds rate will gradually rise to between 0.25 and 0.50 percent. I wrote extensively about this yesterday. It will be interesting to see whether the folks at the Board of Governors can make this rate increase stick. Continue Reading →

Yellen Decries Wealth Inequality, Fails to Mention Fed’s Role

Posted on October 22, 2014 by Tony Lima

It happens that the Fed critics are exactly right. While interest rates on debt held by those in the bottom 80% may be slightly cheaper, much of that debt is probably credit cards. Those interest rates are still way, way above 1%. Continue Reading →

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Tag Archives: Fed

Let’s See If The Fed Can Make It Stick

Yellen Decries Wealth Inequality, Fails to Mention Fed’s Role