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Could Equities Jitters Affect Pace of Fed Rate Hikes?

Is a Fed rate hike in March a certainty? If the correction in equity markets is prolonged, the central bank could decide to postpone any increase until June.

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Three Least Likely FOMC Meetings to Hike Rates

The Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) did nothing at its January 31 meeting; however, Federal Funds futures are signaling as many as three rate hikes are probable in 2018.  In this report, we take another perspective, and explain which are the least probable FOMC meetings …

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Fed: End of an Era of Economists at the Helm?

Dr. Janet Yellen’s term as Chair of the Board of Governors of the Federal Reserve (Fed) System ends in early 2018.  While she could be reappointed for another four-year term as Chair, reading the tea leaves in Washington D.C. suggests a scenario where we may see a person from a …

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VIX-Yield Curve: At the Door of High Volatility?

We freely admit: Figure 1 is probably the strangest chart that you will ever see, at least in finance.  You may be wondering: did they throw blue spaghetti noodle on paper for inspiration and then write an economics article about it?  Or, have they spent too much time with disciples …

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Gold: Showing Strength Despite Rate-Hike Signals

More than any other factor, changes in expectations for U.S. interest rates play a key role in determining short-term movements in the price of gold, and to a lesser extent silver and platinum. During much of the past two years, the correlation between the daily change in the prices of …