I'd be awfully surprised if the Federal Reserve starts taking its cue from the central bank of Sweden or the Bank of England.
More Quotes from Vincent Boberski:
The market's reaction is a testament to how effective the Fed's strategy has been in telegraphing its interest-rate moves.Vincent Boberski
Fundamentally we think rates should be higher than they are, but we've thought that for the last couple of years. The Fed's got a couple more hikes in it, and will stop out at 5 percent.
Vincent Boberski
I think the Fed will keep in 'measured pace.' There is no need for a major shift in the statement because economic conditions are similar to what they've been during the past couple of meetings.
Vincent Boberski
Higher interest rates are beginning to take a toll on how people view their finances. Mortgage rates are nearly as high as they have been over the past three years, and the slowdown in the housing market is becoming more apparent. The jobs picture is encouraging, though, and higher incomes should help offset the negatives as we move into the spring and summer.
Vincent Boberski
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