Answering Q&A
- Aging of baby boomers matters patterns for spending
- Retirement savings is an important issue. Many American families are not prepared for retirement
- Fed does pay attention to the value of the dollar in forecasts
- The Fed does not target the dollar
- Dollar is one of the things that impacts a countries trade deficit
- US economy has enjoyed a faster recovery than many of trading partners and that impacts the dollar.
- Expectations for growth divergences in US and global rates has put upward pressure on the dollar
- Stronger dollar has also reflected expectations on fiscal policies
- Not seeing credit growth at pace that give concern
- Risks to financial stability as moderate
- US banks have more capital than pre-crisis levels
- Expectations are for gradual rate increases and that partly explains price equity ratios
- Important for investors to take uncertainty into account
- Fed has never suffered a major cyber breach
