In a perfect world, the Fed would wait for inflation to hit 2 percent. It could raise the interest rate before then.
Informa’s David Ader parses the statement from this week’s Fed meeting and thinks a concern over low inflation will kick the next rate hike into 2018.
Is productivity low because of a slow economy, or the other way around?
Investors also continued to favor global funds in the week ending July 19.
Asia ex-Japan, Latin America and global emerging markets funds continued their recent strong performance.
Lower than expected inflation rates helped continue the best run since the first quarter of 2017.
Asia Pacific bonds funds continued to bleed money for the 22nd week of the year.
Investors favored financials amid the second quarter earning season; consumer goods funds take in $124 million.