the fed and oil prices financial planning

The Warsh Era Begins: Why the Fed Isn’t likely to Stop the Growth Engine

The Federal Reserve has officially entered a new era.  Newly minted Fed Chair Kevin Warsh just wrapped up his first meeting, keeping rates steady at 3.50% to 3.75%.  While the headlines screamed about his “hawkish” tone, don’t let the media noise rattle your portfolio. Warsh did drop some old-school discipline in Washington.  He stripped down the Fed’s usually wordy statement …