Will The Fed Cut Interest Rates? Also, What Has Happened In Japan Is Stunning

Tuesday, March 26, 2019
By Paul Martin

March 26, 2019

With continued uncertainty around the world, it appears the next move by the Fed may be to cut interest rates. Also, what has happened in Japan is stunning.

Weak Economy Equals Interest Rate Cut(s)
March 26 (King World News) – Here is what Peter Boockvar had to say as the world awaits the next round of monetary madness: I know so many are pulling out the results of their data mining on what happens after the yield curve inverts. Does a recession follow? When does it not? If it does, when? What do stocks do after? I get it, historical context but what’s the historical context for 10 years of ZIRP, NIRP and massive QE? There isn’t much and why also so many other seasonal historical precedents have been thrown out the window. We have to take the current situation as it comes and then try to figure it out rather than blindly relying on what’s happened in the past. I hear too many saying that even if the inversion is followed by a recession, it usually doesn’t happen for at least a year. Maybe again, maybe not.

Continuing the comments from Fed heads this week, Boston President Eric Rosengren is “more optimistic” on the economic and inflation outlook than others and said “it is possible the next move would be up” with rates. On the other hand and covering his tracks, “I’m also quite willing to accept that if the economy weakens and the global economy weakens more than I’m anticipating, and the recent data could be consistent with that, then the next move could be down.”…

The Rest…HERE

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