PLW News and Press, Invesco 1-30 Laddered Treasury ETF From 07/28/23

2023-07-28 21:30:00 ET Summary The Federal Reserve has expressed concerns about a double bump in inflation. That is a scenario where inflation surges and then jumps higher again for various reasons. The most common period of concern is the 1970s where inflation surged in the 1973-...

2023-07-27 14:35:00 ET Summary In a unanimous decision, the US Federal Reserve (Fed) raised rates by 25 basis points. Fed Chair Jay Powell was emphatic that monetary policy is now restrictive and that the Fed is nearing the end of tightening. We feel that equity markets have a...

2023-07-27 10:20:00 ET Summary Overall inflation has moderated in the United States and euro area. But core inflation, excluding food and energy prices, has declined more slowly. Services inflation has proven to be particularly sticky. At the same time, financial conditions have e...

2023-07-27 01:30:00 ET Summary The FOMC raised interest rates by 25 bps on Wednesday as expected, after skipping a hike at the June meeting. The Fed continued to signal a "meeting-by-meeting" data-dependent approach to monetary policy. While the June Summary of Economic Projec...

2023-07-26 22:35:00 ET Summary For all intents and purposes, the pause at the June FOMC meeting just turned into a skip, as the Fed came back with another quarter-point rate hike at the July policy convocation. This pushes the new Fed Funds target range to 5.25%–5.50%, the ...

2023-07-26 21:35:00 ET Summary The Fed’s FOMC raised its five policy rates by 25 basis points today, which pushed the upper limit of its policy rates to 5.5%, the highest since January 2001. The Fed had broadly telegraphed this move after the “very hawkish skipȁ...

2023-07-26 21:20:00 ET Summary As expected, the Federal Open Market Committee raised its target for the federal funds rate. The new range is 5.25-5.50 percent. The Federal Reserve’s continued efforts to bring down inflation are commendable. But there are real risks that it&...

2023-07-26 19:55:00 ET Summary The Fed unanimously hiked its policy interest rate range 25bp as widely expected with the statement retaining the phrasing that further policy firming “may be appropriate”. With two months’ worth of data to come before the next F...

2023-07-26 13:08:00 ET Summary For those who pay attention to risk/reward dynamics, the prospective compensation for equity risk over Treasury bonds is today the lowest since the market peak in 2007-08. US Conference Board Leading Economic Indicator (LEI below in red since 1967) c...

2023-07-26 04:30:00 ET Summary I expect the Federal Reserve to raise rates one more time this week before finally ending this long and grueling rake hike cycle. Many expect the Bank of Japan to alter its yield curve control policy, but I’m skeptical that it will happen at t...