The Fed Put is back in play.
At the December meeting, the Fed moved from a hawkish to dovish position. The idea of rates being raised twice in 2019 is now far-fetched. As it stands now, we are looking at a Fed that is taking a wait and see attitude.
Why are they doing this? Now is the time they should be raising interest rates.
The Fed has two mandates: employment and inflation. We are seeing record low unemployment so reaching full employment was attained. Inflation, on the other hand, is a problem. We are starting to see it rear its head.
Click on image to read full story.
