Federal Reserve Exit Plan
UMB Bank’s Chief Investment Officer KC Mathews and his team recently gathered for a round table discussion regarding the Federal Reserve’s exit plan. The Fed’s decision not to begin tapering the stimulus was a largely unanticipated move for the financial markets. As explained in detail during this podcast, the Fed based this decision on data correlated with employment, inflation, the debt ceiling and housing recovery.
Learn what this latest move means for investors.
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K.C. Mathews joined UMB in 2002. As executive vice president and chief investment officer, Mr. Mathews is responsible for the development, execution and oversight of UMB’s investment strategy. He is chairman of the Trust Investment, Asset Allocation and Trust Policy Committees. Mr. Mathews has more than 20 years of diverse experience in the investment industry. Prior to joining UMB, he served as vice president and manager of the portfolio management group at Bank of Oklahoma for nine years. Mr. Mathews earned a bachelor’s degree from the University of Minnesota and a master’s degree in business administration from the University of Notre Dame. Mr. Mathews attended the ABA National Trust School at Northwestern University and is a Chartered Financial Analyst and member of the CFA Institute. He is past president of the Kansas City CFA Society and a past president of the Oklahoma Society of Financial Analysts.