It’s been a long time since economists dared to consider former Federal Reserve chief William McChesney Martin’s deathless phrase that it is the Fed’s job to “take away the punchbowl just as the party gets going.” But with Wall Street surging and both business and consumer confidence on the mend, the question at the moment is not if interest rates will rise in 2004, but when. Some believe the first hike could arrive as soon as May, especially should the economy continue to sizzle.

After several years’ worth of setbacks and false starts, the economy is showing clear signs of robust growth, helped at least in the short term by a series of presidential-sized tax cuts. How much oomph is left to carry growth into the next several quarters remains to be seen.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Dig Deeper

 

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.