Another Federal Open Market Committee (FOMC) meeting has come and gone. Janet Yellen, the Chair of the FOMC, the one in charge for the eventual raising in short-term rates, put her blessing on the meeting.
Reading between the lines of the Press release of the meeting, one can MAYBE infer, rates will be rising in September. We have been crowing for some time rates need to have lift off … Just like that birthday you had as a kid, it’s finally here … I think !
Ahhh… but today is a Friday, the last day of July. Hopefully it cannot go any faster. Hello August! Enjoy your weekend and those special in your life.
Best Wishes !
John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225