The minutes from last month's Fed meeting shed some light on why the US central bank is hesitant to raise rates anytime soon

Jay Soloff

Argonath Financial

The minutes from last month's Fed meeting shed some light on why the US central bank is hesitant to raise rates anytime soon. From past meetings, we know the Fed is looking for less slack in the labor market along with stronger wage growth and consumer spending. With today's September minutes, we also know the Fed is concerned about a global economic slowdown and a stronger US dollar to boot. Many US companies rely on overseas sales as a major slice of revenues. Poor overseas demand coupled with a higher dollar (more expensive exports) could put significant pressure on corporate sales. It's just another reason why the Fed needn't be in a hurry to jack up rates. Also, this scenario is a good case study of how low interest rates don't have to correlate to a weak currency over a given period of time. (VIEW LINK)


Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

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