World Perspectives

Monetary Policy and Strengthening U.S. Dollar Ahead

Jerome Powell spoke at a conference last week in Washington, DC. The event was one week after the Fed increased the federal funds interest rate target by a quarter point to 2-2.25 percent at its monthly meeting. According to post-meeting notes, the Fed is likely to approve one more hike in 2018, probably in December. Interviewed during a panel session (with journalist Judy Woodruff of PBS) at the conference, the Fed chairman added some more context to the central bank’s perspective, citing the following:

“The really extremely accommodative low interest rates that we needed when the economy was quite weak, we don't need those anymore." “Interest rates are still accommodative, but we're gradually moving to a place where...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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