I’d be awfully surprised if the Federal Reserve starts taking its cue from the central bank of Sweden or the Bank of England.

They are obviously making the case to tighten. There is no justification to speed up or slow down. We will end the year with rates at 4 percent or 4.25 percent. It depends on whether...

I think the Fed will keep in ‘measured pace.’ There is no need for a major shift in the statement because economic conditions are similar to what they’ve been during the past couple of meetings.

The market’s reaction is a testament to how effective the Fed’s strategy has been in telegraphing its interest-rate moves,

Fundamentally we think rates should be higher than they are, but we’ve thought that for the last couple of years. The Fed’s got a couple more hikes in it, and will stop out at 5...

Higher interest rates are beginning to take a toll on how people view their finances. Mortgage rates are nearly as high as they have been over the past three years, and the slowdown in the...