Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 6th, 2015
December 6, 2015
Clarksville, TN – Fed Chair Janet Yellen did not commit to raising rates in December, but she continued to lay the groundwork for an initial hike. She noted that with interest rates close to zero, the consequence of raising rates too soon or too late is not symmetric, which suggests that the Fed should be cautious as it prepares to tighten monetary policy.
However, she also noted that monetary policy affects the economy with a lag, and waiting too long raises risks for the economy and for financial stability.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 2nd, 2015
December 2, 2015
Clarksville, TN – Next week, the economic calendar has plenty of fresh figures. The ISM surveys and Friday’s employment report would normally be the highlights (and those reports will be important), but financial market participants will be more interested in what happens Thursday.
The European Central Bank’s Governing Council is expected to expand its asset purchase program, while Fed Chair Janet Yellen with testify before the Joint Economic Committee of Congress. Yellen is likely to provide a clearer signal that the Fed will begin raising short-term interest rates at the December policy meeting.








