Fed’s ‘Third Mandate’ Will Compel Continued Tightening

posted by Michael Lewis on September 17, 2018

Found in US, categorized in Monetary Policy

Tags: FOMC Fed inflation interest rate

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Today, the FOMC is at target on inflation and deep into full employment. But far from being “moderate,” interest rates are still very low. Thus, expect rate hikes to continue thru 2019 (at the least).


FMI’s commentary on progress toward the Fed’s mandates, including the mostly-forgotten third one.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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