Guest Post: Financial Markets and Economic Update by Dorothy Jaworski
Jeff For Banks
JULY 8, 2017
The Fed has raised rates by 25 basis points twice so far in 2017 and has promised one more increase. Well, maybe the Phillips curve… The Fed also announced at their June meeting that they would be “normalizing” their balance sheet “soon,” which means reducing it by letting bonds mature and not replacing maturities or cash flows.
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