March 30, 2012
In a preliminary survey of the NeuGroup’s Treasurers’ Group of Thirty (T30), all respondents agreed 2012 is expected to be a stand-still year in terms of Fed interest-rate policy. Although the Fed has signaled that they will maintain a highly accommodative stance, which, according to their January 25, 2012 FOMC statement, “is likely to warrant low rates through at least 2014,” recent growth could push up that timeline. T30 members said the 2013 economic climate is not expected to improve significantly, but should continue at a slow crawl toward a more healthy growth rate and lower unemployment; still, a few members think there’s a chance the Fed could act in the second half of next year.
Source: The NeuGroup Peer Research; T30 Winter 2012