Reports Tagged: Fed

May 22, 2018

With the Memorial weekend and the traditional start to the summer months fast approaching, the Federal Open Market Committee is by all accounts on a glide path to a widely expected June meeting rate

May 01, 2018

We could be forgiven for nearly forgetting the Federal Open Market Committee begins its May two-day meeting this morning. ‎With no chance of a rate move announcement, about the only curiosity

April 04, 2018

“Regime change” is too strong a term, but we think there may be a subtle shift underway in the Federal Reserve’s near-term reaction function under Chairman Jerome Powell. Coming off his debut chairing of an Federal

March 21, 2018

Federal Reserve Chairman Jerome Powell turned in a very direct and to the point first press conference — though perhaps a tad too spartan — to cap off what seemed to us a

March 19, 2018

After the Federal Open Market Committee meeting this Wednesday afternoon, Federal Reserve Chairman Jerome Powell will almost certainly be asked in his first press briefing as Chair whether he will be undertaking press conferences after every

March 12, 2018

With a solid and reassuring Non-Farms Payroll report safely in the rearview mirror, attention will now be turning to the March 20-21 Federal Open Market Committee meeting next week. In particular, there is likely to be a particular interest

February 28, 2018

If Federal Reserve Chairman Jerome Powell wanted the markets to take his maiden Semi-Annual testimony before the House Financial Services Committee yesterday as a first foray towards four rate hikes

February 27, 2018

A quick note on Federal Reserve Chairman Jerome Powell’s testimony later this morning‎ before the House Financial Services Committee: ** Chairman Powell’s primary aim will be to stick as closely

February 20, 2018

Anxieties over how the Federal Reserve might respond to a newfound inflation threat and stock market gyrations are putting a communications premium on the first public remarks of Fed Chairman

January 31, 2018

As might be expected, there was a dead minimum of language changes to the January Federal Open Market Committee meeting statement this afternoon. *** But the tweaks, however subtle to the

January 30, 2018

There has been no small amount of analysis in recent days over possible hawkish tweaks to the wording of the Federal Open Market Committee’s January meeting statement, due to be released tomorrow afternoon.

January 11, 2018

The White House nomination of the next Vice Chairman of the Federal Reserve Board of Governors has narrowed down to a two-man race between Federal Reserve Bank of San Francisco President John

December 19, 2017

With the market’s attention increasingly turning to next year, one nagging question seems to linger over the Federal Open Market Committee’s Summary of Economic Projections last week that left a

December 06, 2017

The Federal Open Market Committee’s year-end meeting next week is one of those where all the market focus will not be on the policy actions announced on Wednesday, but almost exclusively

November 01, 2017

The statement issued by the Federal Open Market Committee at the end of their two day meeting this afternoon was as anti-climatic as could be expected in its steady as it goes descriptive phrasing and tone. 

October 20, 2017

Federal Reserve Chair Janet Yellen’s relatively brief 30-minute meeting yesterday with President Trump marked the last of the President’s Apprentice-style parade of the final five candidates (we almost said contestants) to head the Federal Reserve for

October 13, 2017

The likelihood that President Trump will select Stanford University’s John Taylor as his nominee to succeed Federal Reserve Chair Janet Yellen when her term ends next February should be taken very seriously.

October 11, 2017

Two things, well, make it three things, stood out for us in reading through this afternoon’s Minutes to the September meeting of the Federal Open Market Committee. The first was

September 25, 2017

Federal Reserve Chair Janet Yellen will be giving the keynote luncheon speech at the National Association of Business Economists conference in Cleveland tomorrow on “Inflation, Uncertainty, and Monetary Policy.” We

September 20, 2017

The most immediate takeaway from today’s Federal Open Market Committee meeting was a more hawkish consensus on rates normalization, including the probability for a December rate hike, than what some in the market might have