The Fed is at it again. Just this week, the central bank’s Chair Janet Yellen and company added new clouds to the interest rate horizon, announcing that a cooling economy means that rates will stay at their current low levels for the time being.
Everyone from the media to the markets is engaged in a level of “Fed-watching” that is unprecedented in recent times – and for good reason. In fact, an examination of nearly a half-century of market returns reveals that the fixation on Fed monetary policy is well founded, and investors ignore Fed actions at their own peril. Here are five things investors should know about the Fed and the prospects of interest rate moves in the future:
Rising Interest Rates Are Bad news for the stock market
Some pundits want to put a pretty face on rising interest rates by suggesting this shows the Fed is confident…
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