Tag Archive: tightening

Another Quarter Point Hike

On Wednesday afternoon, the Federal Reserve hiked the Fed Funds Rate by another 25 basis points, bringing the rate to 1.50-1.75%. This move from the central bank was widely expected, and investors are likely to be far more focused on the commentary from the central bank after the announcement. The Fed forecast at least two more hikes this year, and also upgraded its outlook on the economy. The combination of tax cuts and government spending are cited as potential catalysts for higher inflation and a... Continue Reading

Did the Fed Leave a Bad Taste in Some Mouths?

In our previous post, we discussed the potential implications of another rate hike from the Fed. The central bank’s decision to raise rates another 25 basis points seems to have left many wondering about the bank’s endgame-and some have even gone so far as to suggest that the Fed needs to unwind the current system of fiat currency. In a recent interview with Kitco.com, Ron Paul stated that Fed Chairwoman Janet Yellen should be working with the government to “unwind the system of fiat currency”... Continue Reading