New York Fed President William Dudley Discussed Inflation
In his speech on August 10, New York Fed President William Dudley joined the group of FOMC members to ease concerns about slowing inflation (TIP).
The retail sales report for July was released by the United States Census Bureau on August 15. According to the report, US retail sales were $478.9 billion.
US bond markets (BND) rallied in the previous week as tensions between the US and North Korea escalated.
Bonds, especially U.S. Treasuries (GOVT), are considered one of the safest assets in which to park your funds in times of uncertainty.
For investors seeking income from municipal bond exposure, one of the most popular investment strategies employed by individual investors has been one of the least successful strategies—the bond ladder. It’s…
Greenspan cites rapid inflation growth as the reason for a bond market collapse. But the markets and Fed officials think otherwise.
Fundamentally, bonds (AGG) are a discount instrument and are generally never expected to be in a bubble. Let’s see why that’s the case.
In his interview on the Bloomberg channel on July 31, 2017, former Fed chair Alan Greenspan rang alarm bells about the bond market (BND) being in a bubble.
Alan Greenspan believes that interest rates in the United States and globally are too low and might have to be increased too quickly in the future.
The US Dollar Index started this week on a stable note. After pulling back on Wednesday, it’s trading with strength in the early hours on Thursday.
FOMC members Neel Kashkari, William Dudley, and Robert Kaplan are scheduled to speak this week.
US inflation is expected to rise 1.7%, and any positive surprise could propel the US dollar higher by the end of next week.
After falling for two consecutive trading weeks, the US Dollar Index started last week on a stable note but pulled back as the week progressed.
The US Dollar Index fell for three consecutive trading weeks to the lowest levels in 13 months. The US Dollar Index was stable early on July 31.
US bond markets (BND) continued to recover with fewer chances for another rate hike from the US Fed this year.
The US Dollar Index (UUP) continued to slide in the previous week due to the FOMC’s dovish statement and weaker-than-expected economic data.
The VIX Index (VXX) fell to the lowest level ever recorded this week. The VIX Index (UVXY) recorded a lifetime low of 8.84 in the first part of the week.
In its July 23 update to its WEO (World Economic Outlook) report, the IMF (International Monetary Fund) downgraded its US growth forecast. Growth for 2017 has been revised to 2.1%…
This week, the US Dollar Index fell to 13-month low levels after the Fed announced that it would start the balance sheet normalization “relatively soon.”
Most of the statement released by the Federal Open Market Committee (or FOMC) following its two-day monetary policy meeting was in line with the market’s expectations.