While Federal Reserve Chairman Jerome Powell finally gave a brief glimpse earlier this week of the Board of Governor’s strong preference to see the Fed’s 13-3 credit facilities extended beyond

For a meeting so unlikely to see any major policy changes, the agenda for the Federal Open Market Committee meeting next week is actually quite crowded with substantive issues, and

Amid the continued dysfunction on Capitol Hill in passing a fiscal package, dueling town hall meetings, or the debate over rising probabilities of a Biden presidency, it might have been

With the Federal Open Market Committee’s milestone September meeting in the rear view mirror, Fed officials will be hitting the zoomed airwaves this week to pitch the policy takeaways of

A few points on what we think will be the most likely takeaways this coming Wednesday afternoon when the Federal Open Market Committee wraps up its two-day September meeting: **

A week of an unusually well-coordinated communications campaign by nearly every member of the Federal Open Market Committee since Federal Reserve Chairman Jerome Powell’s Jackson Hole speech last Thursday is

Federal Reserve Chairman Jerome Powell’s breathlessly awaited keynote speech to open the virtual Jackson Hole conference this morning delivered in every way on the expectations of a foundational shift in

There seems to be more than the normal high anticipation for Federal Reserve Chairman Jerome Powell’s keynote speech tomorrow morning to open the Federal Reserve Bank of Kansas City’s two

The most important takeaway for us from this Wednesday’s release of the Federal Open Market Committee July meeting Minutes will be whether they indicate enough progress on the revisions to the

Three issues are likely to dominate the Federal Open Market Committee discussions at their July 28-29 meeting next week: an assessment of the 13-3 credit support facilities; further work towards

The Senate Banking Committee will almost certainly vote tomorrow along a 13-12 party line to recommend that President Trump’s nominations of Judy Shelton and Chris Waller go forward to the

There are four main points to our expectations for today’s Minutes release of the June Federal Open Market Committee meeting and, most interestingly, the FOMC’s efforts to transition from its

Easily the most interesting takeaway from Federal Reserve Chairman Jerome Powell’s testimony this morning before the Senate Banking Committee came in his response to a pointed question from Pennsylvania Republican

A few things stood out for us in what were otherwise well telegraphed takeaways from the Federal Open Market Committee’s June meeting statement, Summary of Economic Projections, and the remarks

The stellar nonfarm payroll print for May on Friday triggered a spike in treasury yields and drove the stock market into an even more elevated frenzy of bullish recovery bets. It also added

Four key points stand out to us in the wake of Federal Reserve Chairman Jerome Powell’s 60 Minutes interview on Sunday, his comments last Wednesday to the Peterson Institute for International Economics, and in looking ahead to today’s testimony with Treasury Secretary

The market’s pricing for a negative fed funds rate of a few basis points before year-end and extending into 2022 is persisting this morning, and the longer it persists, the

A quick note on our expectations for this afternoon’s Federal Open Market Committee April meeting statement and Chairman Jerome Powell’s virtual press conference: ** First, we expect Chairman Powell will almost certainly

Next Tuesday and Wednesday will see the return to regularly scheduled meetings of the Federal Open Market Committee that will, in a way, mark an end to the Great Lockdown and

The rapid succession of launches through this week of the Federal Reserve’s 13-3 “alphabet” facilities, dusted off and updated from their initial construction amid the 2008 crisis, seem to be having their intended accumulated