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Fed wait
Caught an economy that doesn't want to totally slow down and inflation that doesn't want to jump up. Not a bad place to be, if you think about it. But for Fed watchers it is kind of, well, boring. It means the Fed just stays at 5.25 percent. Of course, you carefully have to watch both sides of the equation. If the latest GDP number comes in this week a little light, the Fed may have to think about cutting down the road. But if oil prices go back up or the job market tightens more, then the Fed may have to stay away from cut-land. Sure, a good spot, but a nervous one.
Fed pause
Posted by Allen Wastler 9:56 AM 0 Comments comment | Add a Comment

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