Fed's Interest Rate Increases
Friday, 24 June 2016
In its perpetual quest to feed the insatiable 24/7 news cycle, the financial media has once again latched onto the uncertainty over next steps for the Federal Reserve as it evaluates potential interest rate increases. Reminiscent of late last year, when the Federal Reserve raised the fed funds target rate for the first time since 2006, dire predictions abound for investors should the Fed make a policy misstep. While we agree that Fed policy does have important implications for investors, and uncertainty about the Fed's next move could be contributing to market volatility, we want to take a step back and provide a balanced assessment of the situation.
