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The Steady Investor

The Steady Investor

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July 28th 2016:What to Look Out for as Fed Considers Rate Hike and How It Will Affect Your Retirement Planning

Perhaps not surprisingly, the Federal Reserve left the fed funds rate unchanged in their June meeting, almost certainly on the back of a weak May jobs report (+11,000 m/m). It is yet another example of the Fed’s hypersensitivity to single data points or events, much like their choice to delay a hike in the beginning of the year because of global market volatility (which ended up short-lived). This week the Federal Reserve will meet again to discuss whether the fed fund rate will change or not. Join us and learn what may be happening.

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