Interest Rates Increase?

The FOMC Chairwoman, Janet Yellen, had previously stated that there will possibly be 3 interest rate increases this year. After her report to Congress last Tuesday, it seems as though she kept details to a minimum so she can have all the cards on the table. Investors and analysts already expect an increase in interest rates based on the markets response during her report to Congress. The S&P500, dollar and 10 year yield all spiked, and oil and gold dropped.

screen-shot-2017-02-16-at-11-02-21-amusd_201702141487101266_us10yscreen-shot-2017-02-16-at-11-01-22-amscreen-shot-2017-02-16-at-10-55-56-am

Are the markets getting ahead of themselves? We’ll find out.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: