Raising fed funds rate too fast. Should have been only two increases in 2018.
Time to reduce rates 50 bps.
Inflation is 1%-1.25%, , not 2.2%.
GDP growth closer to 1.5% rather than 3%.
Selling off balance sheet the same as raising fed funds rate.
Stock market sees low growth, low inflation this year and next because rate increases not needed.
This post was last modified on %s = human-readable time difference 8:21 am
Robert Paul
Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.