Perspectives from the Path
The Surprise of the Federal Funds Rate
Each meeting, the FOMC creates an outlook for the Fed Funds rate called the “Dot Plot” denoting their projection for future interest rates in subsequent years. Over the past year, their forecasts for the future have changed dramatically. Even the best and brightest can't predict the market. What do we make of this?
Why Hold Bonds?
If interest rates are going to continue to rise, does investing in bonds make any sense? Here are 6 reasons to continue to invest in bonds.
Understanding Interest Rates
At its March 15–16 Federal Open Market Committee (FOMC) meeting, the U.S. Federal Reserve raised its federal target funds rate by a quarter-point. It was the first increase since December 2018, but it wasn’t a huge surprise. What does this mean and how will it impact the economy?