Federal Reserve
-
Freaking Out Over Interest Rates
Are you freaking out over interest rates? You shouldn’t. I know it’s tough to stay calm when every so-called expert on Fox and CNBC is screaming at the Fed to lower interest rates. They want to get back to the easy money as quickly as possible. That of course is a mistake. We need the…
-
The Future of Interest Rates
So what do I think will happen with interest rates? I think interest rates will go up. Currently they are about 5% I think they will go up to 10%. by next year at this time. Can I point to any fancy statistics that will support this? No. My gut feeling is based upon the…
-
Economics
This appeared in the New York Times today. “While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Jerome Powell, the Fed chair, said during a speech at the Kansas City Fed’s annual conference in Wyoming. “These are the unfortunate costs…
Cowboy Archer 