FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 09/23/23

2023-09-23 01:40:00 ET Summary The Fed held rates steady at their September meeting, and, as evidenced by the latest dot plot, left the door open for another rate hike this year. However, FOMC member projections are rarely a reliable tracing of the actual Fed policy path. Inve...

2023-09-22 14:30:00 ET Summary Incoming data convinced the Committee that rates would stay higher for longer, through 2025. The price data, in particular, combined with information on aggregate CPI and PCE, suggests that prices are still increasing, albeit at a slower pace. Th...

2023-09-22 06:45:00 ET Summary During the '70s, the Federal Reserve was entrenched in an inflation fight. While wages did rise sharply over the last couple of years, such was a function of the economic shutdown, which created a supply/demand gap in the employment matrix. The F...

2023-09-21 21:30:00 ET Summary The Fed’s September 2023 decision not to change interest rates highlights two problems in monetary policy: time lags and uncertainty of economic models and forecasts. The good news is that we have more non-government data sources than ever bef...

2023-09-21 11:20:00 ET Summary Fed kept interest rates on hold in its September meeting but went out of its way to signal that the neutral interest rate is likely higher than the central bank has indicated so far. The Fed’s new “Summary of Economic Projections”...

2023-09-21 09:20:24 ET Summary Investors Perceive Inflation to be a Key Retirement Risk. TIPs are Now Priced to Generate Real Yields of Nearly 2.0%. The Cost of Constructing a TIPs Bond Ladder has Fallen Considerably. TIPs Bond Ladders Can be a Good Compliment to Social Se...

2023-09-21 03:35:00 ET Summary S&P Global Market Intelligence's September forecasts for global consumer price inflation have been revised higher in both 2023 and 2024. Sticky core inflation rates, particularly for services, are a prime concern given generally tight...

2023-09-20 19:50:00 ET Summary The Fed has left the Fed funds target range at 5.25-5.5% and continues to indicate the prospect of another 25bp hike this year. Longer term, the Fed is signalling less prospects of rate cuts and a diminishing chance of a recession as it guides inflat...

2023-09-20 05:00:00 ET Summary Conventional investment strategies are undergoing restructuring, with a focus on investments in hard assets due to elevated valuations of equities and US Treasuries. Gold and overall commodities are poised to play a significant role as investors seek...

2023-09-19 23:20:00 ET Summary Where we are in the inflation fight. Why the U.S. jobs market is still a concern for the Fed. The Fed could very well hike again, but not yet. The U.S. Federal Reserve meets this week as markets again focus on interest rates and the s...