Thoughts on Interest Rates, Fed Policy, the Labor Markets, and Digital Currencies
Ed Moya, Senior Market Analyst at OANDA joins us to look at why interest rates keep heading lower, and why bonds are getting a bid. We discuss the past pandemic effects that led to some transitory inflation, while also considering sticky inflation around oil and the energy markets. Next Ed reviews the focus by the FED on the labor markets, wages, and the upcoming non-farm payroll report. In addition, he remarks on what the Federal Reserve policies may be like if things shift to “life after Jerome Powell”. We wrap up with some comments about the central banks interest in digital currencies, and thoughts on the recent volatility in Bitcoin and the crypto currencies.