Tag Archives: Interest Rates

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Trump pressures the Fed

Author: , Post Date: July 20, 2018
Cumberland-Advisors-David-Kotok-In-The-News

Why meddle? Why overturn decades of central bank independence? Why stir up a pot after the Fed spent 37 years getting from double-digit interest rates (1981) and double digit inflation (1970s) to present day 2% level.

FOMC Minutes – May 2018

Author: Robert Eisenbeis, Ph.D., Post Date: May 25, 2018
Cumberland Advisors Market Commentary by Robert Eisenbeis, Ph.D.

The FOMC minutes are designed to provide a concise summary of the presentations and discussions that take place at FOMC meetings and the context behind the terse press release provided at the end of each meeting. Presumably, this communication device is meant to provide added color and a sense of where policy may be going. […]

May FOMC Decision

Author: Robert Eisenbeis, Ph.D., Post Date: May 4, 2018
Cumberland Advisors Market Commentary by Robert Eisenbeis, Ph.D.

To no one’s surprise, the FOMC left its target range for the federal funds rate constant at 1.5 to 1.75%. This decision maintains the Committee’s record of no rate hikes at meetings where no SEP forecasts were available and also spaces out its gradual normalization of policy. There is virtually no information in the statement […]