FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 10/06/23

2023-10-06 07:45:00 ET Summary The US economy has performed strongly with the Federal Reserve and financial markets both re-evaluating the likely path for interest rates. But the Beyoncé and Taylor Swift stimulus has ended and households are facing more challenges. Sharpl...

2023-10-05 01:55:00 ET Summary “Restrictive for longer” is now the mantra as monetary policymakers seek to bring inflation reliably to target. Though inflation is trending downward globally, major central banks haven’t relaxed their restrictive stances. Mo...

2023-10-03 23:35:00 ET Summary After raising the federal funds rate target at its July meeting to 5.25–5.5%, the FOMC held rates constant at its September meeting. Incoming data in the form of inflation, stronger labor markets, and the Beige Book convinced the Committee, as...

2023-10-03 23:28:00 ET Summary The recent fed funds rate “dot plot” and remarks from US Federal Reserve officials have convinced markets that US rates will be higher for longer. The ongoing auto workers strike and a possible health care workers strike are raising con...

2023-10-03 15:04:20 ET More on Franklin ETF Trust - Franklin Liberty Short Duration U.S. Government ETF For further details see: Franklin Liberty Short Duration U.S. Government ETF declares monthly distribution of $0.3256

2023-10-03 05:40:00 ET Summary Cash in consumer wallets and money in the bank help the economy keep chugging along at a healthy clip. Despite a dramatic surge in mortgage rates over the last few years, the housing market remains strong due to a very tight supply of homes available...

2023-10-02 03:51:00 ET Summary The recent uptick in inflation was largely due to a surge in energy prices. Core PCEPI inflation, which excludes volatile food and energy prices, has continued to decline. Although Fed officials were late to tighten monetary policy, their efforts...

2023-09-29 21:20:00 ET Summary The Fed's favoured measure of inflation undershot expectations and has boosted the case for the Fed not hiking rates in the current quarter. Huge upward revisions to houshold savings suggests the consumer can remain more resilient than we thought lik...

2023-09-28 23:45:00 ET Summary There is still a "surplus" of M2 money, but it is shrinking every month. Higher interest rates have boosted the demand for money, in effect neutralizing the declining M2 surplus. Inflation is not driving interest rates higher - the Fed is. Real inter...

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...