Reports Tagged: Fed

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

September 18, 2017

In a testimony to how successful Federal Reserve officials have been in telegraphing their balance sheet plans, most of the market attention going into this week’s meeting of the Federal Open

September 06, 2017

Our initial reaction to word that Federal Reserve Vice Chair Stan Fischer is stepping down next month was two-fold: the first was how Fischer’s retirement marks the departure of one

August 23, 2017

Throughout the long period of the Federal Reserve’s “lower and longer” period of highly accommodative rates and forward guidance in the run up to the rates lift-off in December 2015,

July 26, 2017

The market response in the wake of the Federal Open Market Committee’s July meeting statement was dovish, perhaps because there were corners of the market still hedging or expecting the

July 21, 2017

It is a rare July meeting that the Federal Open Market Committee would launch a major new policy initiative, and we doubt the statement this coming Wednesday afternoon will deviate from

July 26, 2017

The market response in the wake of the Federal Open Market Committee’s July meeting statement was dovish, perhaps because there were corners of the market still hedging or expecting the

July 14, 2017

Federal Reserve officials will have been hard pressed to find something positive in this morning’s CPI breakdown. The 1.7% annualized core CPI marks the fourth month in a row of

July 05, 2017

Whether the Minutes to the Federal Open Market Committee’s June meeting are taken as hawkish or dovish by the markets later this afternoon, they will likely mark the culmination of

June 28, 2017

Contrary to recent press reporting the White House is struggling to fill the community banker slot on the Federal Reserve Board of Governors, we understand that the nomination of Indiana

June 14, 2017

Even though the shock softness in inflation was hardly going to dramatically push the Federal Open Market Committee away from its policy normalization strategy today, it was still a bit