Robert Segal

Robert Segal

Special To Banker & Tradesman

Robert B. Segal is president of Atlantic Capital Strategies Inc., an investment advisor located in Bedford.
Robert Segal can be reached at editorial@thewarrengroup.com

Economy Performing Well, But Not Enough To Raise Rates

Federal Reserve officials left interest rates unchanged at their April 27 confab and remained cautious about raising rates next month as mixed global economic signals and low inflation weighed on the minds of policymakers. The committee suggested that the U.S. economy is performing reasonably well but can’t seem to achieve a higher gear. “Labor...

FOMC Considers Global Economic Outlook At January Meeting

Federal Reserve officials left interest rates unchanged at the January meeting of the Federal Open Market Committee (FOMC) and said they still expect to raise borrowing costs at a “gradual” pace while watching to see how the global economy and markets impact the U.S. outlook. The FOMC is “closely monitoring global economic and financial...

As Expected, Feds Raised Rates In December

As expected, the Federal Reserve raised interest rates last month for the first time in a decade while signaling that the pace of subsequent increases will be gradual. The Federal Open Market Committee (FOMC) unanimously voted to set the new target range for the federal funds rate at 0.25 percent to 0.50 percent, up...

Fed Says Rates May Rise Next Month

Federal Reserve policymakers said they will consider tightening policy at their Dec. 16 meeting, without making a commitment to act this year, as they said the economy is expanding at a “moderate” pace. “Labor market indicators show that underutilization of labor resources has diminished since early this year,” the Federal Open Market Committee said...

Looking Ahead To Fed Action On Interest Rates

Since spring, the Federal Reserve has consistently cited progress in the U.S. labor market, a sign it remains on course to normalize monetary policy. At the same time, the central bank noted stubbornly low inflation, which is creating caution among officials and could limit the pace of rate increases. The Fed said the economy...

Fed Aims For Cautious Rate Increases This Year

The Federal Reserve signaled it is moving toward interest-rate increases later this year with the economy improving after a winter slump, though central bank officials reiterated they will act cautiously. “Economic conditions are currently anticipated to evolve in a manner that will warrant only gradual increases in the target federal-funds rate,” Fed Chairwoman Janet...

Going Beyond Dodd-Frank’s Requirements

The financial crisis exposed deficiencies in credit ratings assigned by the major rating agencies such as Standard & Poor’s and Moody’s. This was especially the case for fixed-income securities tied to real estate. According to industry estimates, nearly 50 percent of non-agency mortgage securities rated below “AAA” that were originated during the height of...

Approaching The Tipping Point

The Federal Reserve maintained its pledge to be “patient” on raising interest rates and boosted its outlook of the economy, even as it said inflation will decline further. “Economic activity has been expanding at a solid pace,” the Federal Open Market Committee (FOMC) said recently after a two-day meeting in Washington. “Labor market conditions...

More Bumps Ahead After A Wild Year

Financial markets took a wild ride last year. As 2014 entered the home stretch, the plunge in the price of oil was the biggest story. Europe’s continued troubles and a slowdown in the Chinese economy muted the demand for oil.

Better Yields Ahead

As expected, the Federal Open Market Committee (FOMC) ended its asset purchase program last month, after concluding there has been substantial improvement in the outlook for the labor market since the program began.

Banks Holding For The Long Term In Securities Markets

Over the last year, many banks entered into “long-term relationships” with their securities portfolios, a phrase coined by The Wall Street Journal. The newspaper said large banks in particular “promised” that hundreds of billions of dollars of bonds would not be sold.

Lock In Current Rate Or Wait For Better Returns?

Prices of short-term Treasuries dropped earlier this month, pushing two-year note yields to the highest since September, after a report showing continued jobs-market strength boosted bets the Federal Reserve may consider raising interest rates sooner than forecast.

Mortgages And The Double Whammy

The number of mortgage applications fell to the lowest level in nearly two decades, the Mortgage Bankers Association (MBA) said recently. The Market Composite Index, a measure of mortgage loan application volume, decreased 160 percent on a seasonally adjusted basis from one year earlier. The purchase index decreased 35 percent over the same period to its lowest level since 1995.