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Adjusted Monetary Base

Sunday, November 27, 2016 14:04
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(Before It's News)

fed

BarroMetrics Views: Adjusted Monetary Base

Figure 1 shows the most recent Adjusted Monetary Base. The flat movement after forming the low at 3,600B suggests that the FED is easing but not in any great way. So, it’s difficult to assess from the AMB the next direction the interest rates will take.

Probably the Non-Farm on Friday, Dec 2 will be a better guide. (See Interest Rate Rise Dec 2017?)

11-28-16-04-14-18-amb-slfrFIGURE 1 AMB

The post Adjusted Monetary Base appeared first on Ray Barros' Blog for Trading Success.

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