Market Note: What is a Natural Interest Rate Anyway?
By Avi Deutsch September 14, 2023 Summary of Key Points: _________________________________________ Over 18 months into this tightening cycle, and with headline inflation down to 3.2% as of July, many are wondering when the Fed funds rate will reach its terminal rate, the peak rate of this tightening cycle. But as investors look further out, the […]
CPI Not Hot Enough to Push Fed From Pause
September 14, 2023 Good morning, The next big event for markets is next week’s (9/20) Fed decision, pause or raise. To the extent that this week’s data dump might influence next week’s rate decision is why the dump has been the only game in town this week. The markets (stocks and bonds) were leaning toward […]