The most important takeaway from this Federal Open Market Committee meeting was probably what wasn’t in the statement per se, but at least underscored in the absence of a dissent. It is not

Our favorite bit in Federal Reserve Chair Janet Yellen’s Economic Club of New York speech last week was the description of the Fed’s forward policy guidance as an “automatic stabilizer.”

We do not know if Federal Reserve Chair Janet Yellen will be commenting in her showcase luncheon speech later today at the Economic Club of New York on the “rate dots” included in

There are a few takeaways we believe worth highlighting from the Minutes released yesterday for the Federal Open Market Committee’s March meeting. The first is mostly about clarifying communications and

The string of speeches by Federal Reserve officials this past week, in the wake of the Federal Open Market Committee’s March meeting madness, point to what we think are likely

Well, one thing is certain in the wake of the market reaction to Federal Reserve Chair Janet Yellen’s first press conference yesterday: forward guidance policy works, just not necessarily in the way intended.

Our takeaways from today’s trifecta of the Federal Open Market Committee statement, the always problematic “dots guidance” of the Summary of Economic Projections and Chair Janet Yellen’s first press conference

The policy consensus taking shape on two fronts is rapidly becoming apparent in the recent public remarks by Federal Reserve officials in the run up to the Federal Open Market Committee’s March 18-19 meeting. The first,

Fresh from her star turn in Sydney to ease G20 country anxieties over the Fed’s taper, Federal Reserve Chair Janet Yellen is unlikely to offer much in the way of

We do not expect a lot of surprises when the Minutes to the Federal Open Market Committee’s January meeting are released tomorrow afternoon. For one, Chair Janet Yellen’s Monetary Policy

Federal Reserve Bank of St. Louis President James Bullard participated in an event we co-hosted with the European Chamber of Commerce at the New York Stock Exchange earlier this morning.

Federal Open Market Committee members are in the black out period, hunkering down in the run up to next week’s two day meeting, so it is a bit difficult to

When the Federal Open Market Committee adopted its twin numerical thresholds at its December 2012 meeting, they obviously knew they would have to eventually update the numerical rate guidance once

For the Federal Reserve, the main takeaway from this morning’s almost nonsensical Non Farm Payroll numbers was not only it’s more than normal noise to signal ratio rendering it almost

There were two immediate takeaways for us in reading through the Federal Open Market Committee December meeting Minutes yesterday afternoon. The first was how cautiously or even anxiously the decision to

Well, the Federal Open Market Committee finally bit the bullet and began its long awaited downward adjustment in the flow of its one year old $85 billion a month in

One of the more bizarre rumors that has persisted for more than a week now is that Federal Reserve Chairman Ben Bernanke will step down early, on the eve of

No way around it, this morning’s Non-Farm Payroll numbers were seriously good, pointing to a steady-looking improvement — we want to say a “substantial” improvement — in the labor markets

The most immediate reactions to reading through last week’s release of the Federal Open Market Committee’s October meeting Minutes was thank goodness their December 17-18 meeting is still three weeks

That Federal Reserve Chairman Ben Bernanke was about as dovish as dovish can be on interest rates that will be held very low for an awfully long time was hardly