FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 07/12/23

2023-07-12 14:29:00 ET Summary There’s good news on the inflation front. The Personal Consumption Expenditures (PCE) Price Index grew at an annualized rate of 3.8 percent in June. The Fed made the right decision in pausing its rate hikes. We need time to ascertain how ...

2023-07-12 11:30:00 ET Summary We have had a big surprise in the June consumer price inflation report with both headline and core (ex food and energy) rates rising. The Fed is focused on stamping out all inflation threats and is obsessed with services ex energy ex housing as they ...

2023-07-12 08:30:00 ET Summary Stubborn core inflation remains the key concern for the Federal Reserve. Unfortunately, relatively strong wage growth exacerbates that concern. We would not be surprised to see more monetary stimulus and some targeted fiscal stimulus in China, which ...

2023-07-11 19:05:00 ET Summary The New York Fed’s Survey of Consumer Expectations (SCE) was released earlier this week and showed a continuation of the trend where consumer inflation expectations have been falling. Over the next 12 months, the Fed’s survey showed tha...

2023-07-11 03:32:00 ET Summary Credit booms typically involve both asset revaluation and new issuance. But the problem with some credit booms is that they lead to excesses and sometimes excess inflation. While the Fed has been raising rates for well over a year now, the policy has...

2023-07-10 21:26:00 ET Summary There was considerable concern about how much of past policy moves were being reflected in the current data and how much of that tightening remained to be reflected in future data. Inflation was projected to be 3.0% this year, reflecting, in part, de...

2023-07-10 13:17:00 ET Summary It’s possible to enter a period where recession clearly becomes increasingly likely, even as it remains exceedingly difficult to predict the timing of a recession with any confidence. An extremely soft landing would allow inflation to fall whi...

2023-07-07 08:00:00 ET Summary Inflation is subsiding and this will open the door to looser Fed policy next year. The US economy has proven to be more resilient than we expected, but the threat of recession lingers on due to lagged effects of rate hikes and tighter lending conditi...

2023-07-05 13:13:18 ET Franklin Liberty Short Duration U.S. Government ETF ( NYSEARCA: FTSD ) - $0.3130 . 30-Day SEC Yield of 4.17% as of May 31. Payable Jul 10; for shareholders of record Jul 05; ex-div Jul 03. For further details see: Franklin Liberty Short...

2023-07-04 07:15:00 ET Summary Inflation is past its peak, but it is set to remain a lot higher for a lot longer than initially anticipated. The burden of bringing down inflation falls on the shoulders of independent and inflation-targeting central banks, who are price-takers of g...