We wanted to wait a bit to think about Federal Reserve Chair Janet Yellen’s speech earlier this morning in Jackson Hole, especially after the rather hawkish coda put to it

How it seems a lifetime ago that the Federal Reserve went into this year charting some four rate hikes and yet, now nearly some eight months later, the debate is

Key Takeaways: The FOMC remains set on raising rates before year-end, with a Committee majority leaning towards a rate move as soon as September, provided the data continues on track.

There was nothing the Federal Reserve could possibly fret over in this morning’s Non-Farm Payroll: the pace of job creation last month was nearly three times the level the Federal

The intended takeaway from the Federal Open Market Committee’s statement this afternoon was neatly in line with what we suggested earlier this week to expect, that the path remains clear

The Federal Reserve is obviously not going to raise rates this week, but we do think it is working up its courage towards one. And on that note, perhaps the

Key Takeaways: Friday’s NFP went some way towards easing the Fed’s downside concerns and to reaffirm the case for policy normalization. If data continue to track the base case forecast,

Key Takeaways: The Federal Reserve is in a “watchful waiting” mode to weigh how the data and Brexit effects play out through at least the summer. A rate move at

Our first reaction to the plunge in those rate dot plots and Chair Janet Yellen’s press remarks this afternoon was to reach for our Thesaurus to look for another word

Key takeaways: The dismal NFP and the rush into safe haven treasuries has taken a rate hike off the June table, but the FOMC majority will still want to keep

After Friday’s unexpectedly dismal Non-Farm Payroll print, there is going to be an even greater than usual parsing of Federal Reserve Chair Janet Yellen’s lunch time speech today on the

Wow. We know the drill about how one number does not a trend make, but surely this morning’s Non-Farm Payrolls print is one of those rare big miss moments that

Key Takeaway: •    Chair Yellen essentially confirms a rate move this summer, keeping her options open on whether to make the rate move in June or July. Federal Reserve Chair

Key Takeaways: •    After months of preparations, China will soon begin invoicing all its crude oil imports in yuan rather than in dollars. •    The PBoC is taking “pre-cautionary” measures

Key Takeaways: •    An FOMC majority believes economic conditions will warrant a mid-year rate hike, and while agnostic whether in June or July, on balance, FOMC caution could tip to

Key Takeaways: •    A Fed messaging offensive is underway, culminating with Chair Yellen’s twin speaking engagements on May 27 and June 6, to move market pricing higher for a June

The most immediate reaction among most Federal Reserve officials to this morning’s Nonfarm Payroll numbers was probably a shrug and the usual “it is only one number” response. But we

After the Federal Open Market Committee signaled the door is open to a June rate hike in its April meeting statement, which they did primarily by diluting their previous highlight

The Federal Open Market Committee decisively left the door open for a June rate hike in this afternoon’s April meeting statement by deleting altogether the March reference to continuing global

Amid quiet markets this morning, here is a quick snapshot of what we expect later this afternoon in the Federal Open Market Committee statement: ** The FOMC, we believe, will