Wayne Angell
Wayne Angell
Wayne D. Angellis an Economist and was Governor of the Federal Reserve Board...
economy good markets rate remains saying seen stronger whether
The markets are saying (a rate hike) is not only justified, but it's good news. It remains to be seen whether the economy will be stronger than we anticipate.
banks central certainly decided investment notes term treasury
The world's central banks have certainly decided U.S. Treasury notes are a better long term investment than gold.
apt expansion federal hikes inflation less likely rate reserve series tail thereby today year
The Federal Reserve engages in a series of rate hikes at the tail end of an expansion when inflation is accelerating. What the Federal Reserve has done today is they made that less likely and thereby this expansion is more apt to go on as long as the year 2000.