Saturday, April 25, 2015

This June

This June both the Fed and the OPEC meet to discuss policy changes.  The Fed will announce its highly anticipated interest rate increase. How that may occur and how steep it may be is not going to be well understood right away. Though, the Fed could pullback some of its repos.

My experience as an adult tells me that the Fed is certain what actions it will take but uncertain how they will affect the economy.  My childhood experiences tell me that the Fed just doesn't understand me or the economy, and hates us both.  I wonder if both could be right.  I imagine OPEC will simply stick to its "no cuts" strategy - which seems to be effective in maintaining market share.

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