Here’s a Simple Way to Know If the Fed Will Raise Rates
Fed follows the market again.
by Murray Gunn
Updated: June 17, 2021
Watching the markets and the Fed's actions over the past 40-plus years, we've learned something that continues to elude the mainstream economists.
Here it is: The Fed follows the market. The bond market, to be exact.
Or, as our Head of Global Research, Murray Gunn, puts it in his new essay, the Federal Reserve Bank "...follows the freely traded interest rate markets."
So, there is no need to hang on Jerome Powell's every word if you want to know where the rates are headed next.
All you need to do is... well, here's Murray with the full explanation.
Free, read it now >>