Insight into the Fed's Latest Rate Cut
As Jon points out with the recent solid economic indicators it appears the Fed will step aside for the foreseeable future on any further rate cuts. And a prolonged, stagnate rate environment poses a real challenge for us.
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John Tyson
CFO/SVP
Altamaha Bank & Trust Company
Vidalia GA
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Original Message:
Sent: 10-31-2019 17:08
From: Barb Rehm
Subject: Insight into the Fed's Latest Rate Cut
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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
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John Tyson
CFO/SVP
Altamaha Bank & Trust Company
Vidalia GA
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Original Message:
Sent: 10-31-2019 17:08
From: Barb Rehm
Subject: Insight into the Fed's Latest Rate Cut
Former Fed Vice Chair and Promontory Interfinancial Network co-founder Alan Blinder is out with his analysis of the central bank's latest moves. I love how he described the Fed's decision to pause as removing "its oars from the water." The full analysis is attached in this post. We're planning a webinar soon with Mr. Blinder, so we can ask him all sorts of questions about where the Fed is headed. Stay tuned for details.
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Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
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