Fed Is Already In Midst Of Subtle Rate Rise Regime

As U.S. Federal Reserve Chair Janet Yellen said in a press conference Tuesday that the importance of the initial date interest rate might officially rise could be “overstated,” Dr. Robert Johnson, president and chief executive officer of the American College of Financial Services and author of the book “Invest with the Fed,” couldn’t agree more. This is because Johnson says the Fed is already using their tools to raise rates. The question becomes: what is the most appropriate method to manage a portfolio during periods of monetary contraction? Argument of September or December Fed rate rise is mute The argument…