Inflation expectations have subsided during the last two years. In July 2024, the US consumer price index was 2.9% compared to the prior year. According to the Federal Reserve Bank of New York’s Survey of Consumer Expectations READ MORE
If Not Now, When?
The financial press has been speculating about when the Federal Reserve (Fed) will taper asset purchases. When they say “taper,” they mean reducing the rate of increase of asset purchases as opposed to an actual reduction of assets by the Fed as we saw for a brief period in 2018 – 2019. READ MORE