Fed Signals It's Thinking About Starting To Talk About Tightening

Published Friday, May 21, 2021 at: 6:26 PM EDT

The U.S. Index of Leading Economic Indicators hit an all-time high and housing starts weakened but were still at a 15-year high. Amid the booming April data released this past week, the big news for investors was in the release of the minutes from the Federal Reserve’s monetary policy meeting on April 27 and 28, revealing that some members of the Federal Open Market Committee (FOMC) want to begin talking about cooling down the fast growth of the economy.  On page 10 of the 11-pages of minutes published by the Fed three weeks after every FOMC’s meeting, the Fed gently signaled...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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