What a New Fed Strategy Might Mean for You

<p>In this episode of <i>WashingtonWise Investor</i>, Kathy Jones, Schwab’s chief fixed income strategist, joins Mike Townsend to share her insights on what’s behind the Fed’s new strategy to keep interest rates near zero—possibly for years—while the economy recovers, what it means for inflation risk, and why this change is so important to fixed income investors. They also look at what else the Fed can do to respond to the coronavirus crisis, why Fed Chairman Jerome Powell is so vocal in calling on Congress to provide more fiscal stimulus, and how the fixed income market and the dollar are impacted by elections.</p><p>In addition, Mike reports on how Congress averted a government shutdown, the latest on the ongoing stalemate over additional economic stimulus, and the timing and process for the confirmation of a new Supreme Court justice. He also shares thoughts on whether or not the markets care about this high-stakes presidential debate.</p><p><i>WashingtonWise Investor</i> is an original podcast from <a href="https://www.schwab.com">Charles Schwab</a>. For more on the series, visit <a href="https://www.schwab.com/WashingtonWise">Schwab.com/WashingtonWise</a>.</p><p>If you enjoy the show, please leave a ★★★★★ rating or review on <a href="http://getpodcast.reviews/id/1478013779">Apple Podcasts</a>. </p><p> </p><p><strong>Important Disclosures:</strong></p><p>The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.</p><p>The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.</p><p>All expressions of opinion are subject to change without notice in reaction to shifting market, economic or geopolitical conditions