Bellevue Perspectives


Monday Minute

Pipe
  • Federal Reserve Powell met with Congress last week in one of his two annual updates.  He was upbeat about the prospects of the U.S. economy and doesn’t currently see any reason the expansion should not continue beyond its 11th year. He also confirmed the central banks view that the current Fed Funds range of 1.50% and 1.75% is appropriate.  The risks associated with coronavirus continue to be monitored for possible spill over to the rest of the global economy.  https://www.reuters.com/article/us-usa-fed-powell/feds-powell-says-economy-resilient-but-warns-on-coronavirus-productivity-idUSKBN2050HO
  • Markets are closed today and so is our office.  Hope you enjoy any planned family vacations or time off if you have little ones in school.  Mid-winter break means Spring is right around the corner….unless we get an unexpected late winter snow dump again.  😊

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