This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
Pocketmags Digital Magazines
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 110 - December 2015 | January 2016 > A Cautious Fed and Future Rate Hikes

A Cautious Fed and Future Rate Hikes

Expect an inflation-based and data-driven approach

The Federal Reserve (Fed), guided by Chair Janet Yellen, is likely to follow a very different path with a much less aggressive approach for future rate hikes than the Fed under Alan Greenspan. During the last two tightening episodes under Greenspan, the Fed quickly raised the target federal funds rate to above 5%, even though core inflation was around 2%. The Yellenled Fed will probably be much more cautious. There appears to be no end-point target rate, even if members of the Federal Open Market Committee (FOMC) have views about the long-run possibilities. It is not even clear if the Fed wants to take the effective federal funds rate above the core rate of inflation over the next two years.

Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 110 - December 2015 | January 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 110 - December 2015 | January 2016
Or 12999 points
6 Month Digital Subscription
Only € 140,00 per issue
Or 69999 points

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.