by sslifer | Jun 21, 2019 | Commentary for the Week, NumberNomics Notes
June 21, 2019 We wrote two pieces this week. One was right after the FOMC’s decision on Wednesday which focused on the widely diverging views amongst FOMC participants. The other written today focuses on what indicators and/or events might cause the Fed to...
by sslifer | Jun 21, 2019 | Commentary for the Week, NumberNomics Notes
June 21, 2019 The Fed did not change rates at the latest FOMC meeting. And while it is clearly leaning towards lower rates it has not yet reached that decision. Fed Chair Powell repeatedly noted that the incoming data will determine whether the Fed pulls the...
by sslifer | Jun 21, 2019 | Commentary for the Week, NumberNomics Notes
June 19, 2019 At its June 18-19 meeting The Fed chose to leave the federal funds rate unchanged at 2.25-2.5%. Its assessment of GDP growth for the next three years is essentially unchanged from what it was back in March. However, the outlook for its preferred...
by sslifer | Jun 14, 2019 | Commentary for the Week, NumberNomics Notes
June 13, 2019 Every year the Social Security and Medicare Trust Funds are evaluated for their soundness. The 2019 Trustees report showed that both programs continue to face long-term financing shortfalls. The dates for which these trust funds are depleted vary...
by sslifer | Jun 7, 2019 | Commentary for the Week, NumberNomics Notes
June 7, 2019 Fed Chair Powell and his colleagues are sending out strong hints that if growth slows as a result of the trade war the Fed is prepared to cut rates. That is a dramatic turnabout from the Fed’s position in March. Is that an accurate reading of the Fed’s...
by sslifer | May 31, 2019 | Commentary for the Week, NumberNomics Notes
May 31, 2019 The markets believe that the Fed will cut rates twice by this time next year. The federal funds rate currently is in a range from 2.25-2.5%. However, the December 2019 federal funds rate futures contract stands at 2.06%; the June 2020 contract is...
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