On Wednesday, Federal Reserve chair Janet Yellen announced the Fed would raise interest rates for the second time in three months. Investors expect this to be the first in a series of rate hikes in 2017, though her speech may have opened more questions about how the central bank views the state of the U.S. economy. Janelle Woodward, President and Senior Portfolio Manager at TCH, explains that despite near-term optimism, the threat of volatility still exists. For long-term investors, this potential volatility could create opportunities, especially in the credit market.
In this interview, Janelle also covers:
- Expectations for future rate hikes
- Opportunities created by volatility
- How big of a concern is inflation?
March 16, 2017