interest rate

Fed’s ‘Third Mandate’ Will Compel Continued Tightening

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

The Yield Curve: It Really Is Different This Time

FMI’s commentary on the yield curve.

‘Kitchen Sink’ Era Ending for Global Monetary Policy

FMI's commentary on FOMC’s gradual tightening to encourage higher inflation, higher long rates and steeper yield curve

TOE Alert: Cabinet Office Admits BOJ won't Make 2% Inflation Goal in FY 2015

The Bank of Japan (BOJ) is pulling out all the stops in order to make good on its promise of achieving 2% inflation toward the latter half of fiscal 2015 (which ends April 2016).