what-will-the-fed-do-next

What will the Fed do next?

LGT says if rates peak at 5.50%, the global economy can still motor along.
July 06, 2006
In the early months of Federal Reserve Chairman Ben BernankeÆs tenure, the former economic adviser to President George W Bush is walking a tightrope as he wrestles with a pick-up in inflation driven by higher energy and commodity prices. Equity investors will be hoping he retains his balance at the levers of US monetary policy as too much tightening will slam the brakes on the economy, hurting equities, and too little will see inflation and long-term bond yields rise sharply. To be sure, US interest rates are always a focus for financial markets, but the uncertainty now about the course of Fed policy after years of a clear tightening bias makes policy settings of greater...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222