Stock Listings on digital board
Markets

Hilsenrath on the Fed: "Their big worry is they’ll end up right back at zero"

A weekend article in the Wall Street Journal from Jon Hilsenrath:

  • Fed likely to raise their benchmark rate on Wednesday
  • Expecting to slowly ratchet it higher to above 3% in three years
  • But ... Their big worry is they'll end up right back at zero

Any number of factors could force the Fed to reverse course and cut rates all over again: a shock to the U.S. economy from abroad, persistently low inflation, some new financial bubble bursting and slamming the economy, or lost momentum in a business cycle

What Hilsenrath is saying in the piece is nothing new or shocking. But its attracting a bit of interest as markets begin to open for the week, a minor negative for the USD.

The Journal is gated: Fed Officials Worry Interest Rates Will Go Up, Only to Come Back Down

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos