(855) Marcum1 | FOLLOW US  
Marcum LLP
Marcum LLP
Insights

Financial Institutions Alert

 

In This Edition

Decision Day Guide to Interest Rates

Share:

Interest rates are the topic of the times including whether they are going to rise, fall or remain the same. Subsequent to the rate hike on December 16, 2015, the S&P 500 has fallen approximately 9.5% including a substantial decline in oil prices (16%). With the Fed's December 2015 predictions of continuing rate hikes during 2016 we were all eager to read the Federal Open Market Committee's ("FOMC") statement on January 27, 2016 regarding the economic outlook.  In the end the FOMC downgraded their economic outlook stating that inflation is expected to remain low but maintaining their 2% expectation.  In layman's terms:  the economy  is not as strong as the December predictions once believed, the Fed is hedging its bet and it will continue its policy of reinvesting agency and MBS holdings and rolling over treasury securities to maintain accommodative financial conditions.

For more information or assistance please contact James Dowling, Manager, and member of Marcum's Financial Institutions Industry Group.

See attached articles for more information:
"First Came Fed Rate Hike, Then the Fall: Decision Day Guide" written by Matthew Boesler and Steve Matthews at Bloomberg
"FOMC Policy Statement" by the PCBB

 
 
 
HAVE A QUESTION? ASK MARCUM
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

DOWNLOAD THE MARCUM ON THE GO APP

 
 
© 2017 Marcum LLP. All Rights Reserved.
Privacy | Legal | Sitemap