In the News

Title

Fed Curtain-Raiser: Why the Fed Is Reassuring Markets on U.S. Economic Fundamentals

Document Type

Article

Publication Date

1-27-2016

Abstract

Despite the fact that the Fed previously hinted at four rate increases this year, McBride believes the likelihood is greater that two or three increases will occur in 2016. Unless a recession occurs, the Fed will not reverse its previous rate increase.