The Federal Open Market Committee’s likely June meeting policy announcements this Wednesday have been so thoroughly telegraphed that market expectations are well set. But beyond June, this week’s meeting may

We normally refrain from commenting in print on personnel changes at the Federal Reserve, but there have been so many questions and press commentary about the expected nomination by the

The June 13-14 Federal Open Market Committee meeting is just over a week away, and it looks likely to frame the near policy path on both rates and balance sheet

With ambitions to end its reinvestment policy before year-end, the Federal Reserve is now more clearly on a twin track policy normalization strategy of shrinking the balance sheet as well

With the most recent economic data sending somewhat mixed signals on the outlook, and with impeachment chatter in the rearview mirror as President Trump tours the Mideast, attention is turning

That was a handsome looking Non Farm Payrolls number. *** So we don’t bury the lede, our sense is that the healthy NFP breakdown will not only bolster the Federal

For all policy debates and decisions since the Federal Reserve resorted to unconventional policy measures more than eight long years ago, Chair Janet Yellen has in recent months managed to

The market looks to have taken this morning’s Non-Farm Payrolls in stride, and we certainly don’t expect it will be moving the Federal Reserve away from its current policy path

In the days since the Federal Open Market Committee’s rate hike last week, there has been no small measure of confusion if not consternation in the markets over the Committee’s

For all the times Federal Reserve Chair Janet Yellen was only too happy to get to the end of her quarterly post-meeting press conferences, at this one she seemed to

Federal Reserve Chair Janet Yellen and the Federal Open Market Committee did not let a little snow delay the start today to their two day meeting, which will conclude tomorrow

With a rate hike all but certain at next week’s Federal Open Market Committee meeting, the policy debate is already shifting to the likely messaging for the rate path beyond

The takeaway from the Minutes released this afternoon to the two-day Federal Open Market Committee meeting ending February 1 was unmistakably clear: a rate hike is indeed being prepared for

With May rapidly becoming something of a base case on the timing to the next rate hike by the Federal Reserve, questions are invariably rising about a Brexit-like political risk

Directionally, Federal Reserve Chair Janet Yellen’s testimony this morning before the Senate Banking Committee was very much in line with the more hawkish bent of our report yesterday (see SGH

While we do not expect Federal Reserve Chair Janet Yellen to send an overt signal about March in her twin testimonies on Capitol Hill tomorrow and Wednesday, we do think

The market may have whipsawed on this morning’s Nonfarm Payrolls print, but Federal Reserve officials will have responded to the jobs number with a satisfied smile. ** Today’s jobs data

Federal Reserve officials should thank President Trump for grabbing all the attention and headlines in the last week or so that would normally be speculating on what the Federal Open

Against the backdrop of the somewhat hawkish undertones to Federal Reserve Chair Janet Yellen’s remarks at the Commonwealth Club in San Francisco yesterday, Yellen will give what is likely to

Even amid all the emphasis on uncertainty, it would have been hard to miss the anxious, somewhat hawkish, tone to the descriptive narrative in the Minutes to the Federal Open