Conclude that the trend falling short. Loading up on risky assets. Dominating the recent junkbond issues. We begin with a big issue, inflation data injects some doubt into the feds next move. Chair yellen we are very focused on trying to bring inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to be 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be flat between now and the end of the year. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes slowly. And like i said, they may never get to the point they are telling you that they will get. I view this as a victory to hand it off to the next fed chairman, the rate even with inflation. The Inflation Numbers are probably not going to derail a fed hike this year. But it does matter directl
Conclude that the trend falling short. Loading up on risky assets. Dominating the recent junkbond issues. We begin with a big issue, inflation data injects some doubt into the feds next move. Chair yellen we are very focused on trying to bring inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to be 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be flat between now and the end of the year. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes slowly. And like i said, they may never get to the point they are telling you that they will get. I view this as a victory to hand it off to the next fed chairman, the rate even with inflation. The Inflation Numbers are probably not going to derail a fed hike this year. But it does matter directl