Jeffrey Rosenkranz Featured on GOBankingRates to Discuss the Outlook for Future Rate Hikes
Participants noted that as the stance of monetary policy tightened further, “It likely would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation,” according to the minutes. Some participants noted, however, that, “It likely would be appropriate to maintain that level for some time to ensure that inflation was firmly on a path back to 2%.” Jeffrey Rosenkranz — portfolio manager, Shelton Capital Management — told GOBankingRates that the minutes “had a little something for everyone, but not enough for anything conclusive.”
Read the whole article here: Interest Rates May Stop Upward Swing ‘At Some Point,’ July Fed Minutes Suggest — Experts Clash on How Soon
About Shelton Capital Management
Shelton Capital Management is a multi-strategy asset manager with fund administration and digital marketing expertise. With a determined focus on growth, Shelton Capital is active in acquisitions and fund consolidations. Shelton Capital Management has expertise in mutual fund and separately managed account advisor mergers and has completed several transactions with the goal of improving the financial and economic performance of partner firms. Shelton Capital manages over $3.2 billion of assets as of 6/30/22. For additional information, visit https://www.sheltoncap.com.
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