Analysis: Fed plan for gradual rate hikes is starting to look complacent

By
-
A runner passes the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Federal Reserve Chair Janet Yellen told lawmakers on Thursday that she intends to stay in the job until her term expires in January 2018 while extolling the virtues of the Fed's independence from political interference. / BLOOMBERG / ANDREW HARRER
A runner passes the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Friday, Nov. 18, 2016. Federal Reserve Chair Janet Yellen told lawmakers on Thursday that she intends to stay in the job until her term expires in January 2018 while extolling the virtues of the Fed's independence from political interference. / BLOOMBERG / ANDREW HARRER
NEW YORK - Investors and the Federal Reserve may have grown too comfortable with gradualism - raising interest rates at a pace that is not too fast, not too slow, but just right. The outlook could abruptly shift if global growth gains momentum and U.S. unemployment sinks much lower. Markets look complacent. Prices in interest-rate…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR

No posts to display