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THINK ABOUT A REFI, DO SO BEFORE FED HIKE | Capstone Financial

Indecisive Interest

Yesterday’s Fed statement suggesting that “near-term risks to the economic outlook have diminished” that “job gains were strong” and “household spending has been growing strongly” indicates a Fed that’s again taking steps to prepare the market for a rate rise, probably in December. But, if July and August employment and inflation numbers are strong, a September rate rise is certainly possible. Listen for more clues during Yellen’s talk on 8/26/16.

Elliot F. Eisenberg,

Ph.D. GraphsandLaughs, LLC