A cleaner, clearer Non-Farm Payrolls number would have been a nice to have in front of the Fourth of July weekend, especially with the overhang of uncertainty in the ongoing

The most immediate takeaway from the Federal Reserve Open Market Committee decision and presentations today was without doubt the dramatic marking down of the Summary of Economic Projections blue dot

A recent string of stronger data that washed away much of the first quarter’s uncertain growth outlook is likely to frame the discussions in next week’s pivotal Federal Open Market

A few points on the Minutes to the April 28/29 Federal Open Market Committee meeting coming out later today. First, they are likely to confirm the Committee’s expectations for a

For all the hand wringing over how soft and how persistent the first quarter slow down would be, it would seem Friday’s Nonfarm Payroll was still good enough to bolster

One could be forgiven for thinking we have been here before. This year opened as each of the last few years did, with a heady optimism on the outlook and

In the week since the Federal Open Market Committee March meeting, a near half dozen Committee member have hit the speaking circuit on a renewed communications drive that will culminate

We had two immediate reactions to what was unquestionably a dovish policy messaging takeaway from the Federal Reserve this afternoon, though perhaps not as dovish as it may seem as

For all the weighing of probabilities over the “patience” forward guidance language in Wednesday’s Federal Open Market Committee’s March meeting statement, its fate may prove less consequential to market pricing

In weighing the likely impact of the recent surge in the dollar on the Federal Open Market Committee meeting discussions next week, the distinction should be made, as the Fed

It is hard to stick to the discipline of never reading too much into a single data point when in an initial reaction to this morning’s Nonfarm Payroll numbers, they

“I’m not in favor of chaining the Federal Open Market Committee to any rule whatsoever,” Federal Reserve Chair Janet Yellen said in reply to a question from Senate Banking Committee

A few points about Federal Reserve Chair Janet Yellen’s appearance before the Senate Banking Committee tomorrow morning and the House Financial Services Committee on Wednesday: ** First, expectations that Chair

We had two, no three, immediate reactions to this afternoon’s Minutes of the Federal Open market Committee January meeting. *** The first is that everything in the tone and the

This afternoon’s Minutes to the Federal Open Market Committee January meeting should serve as a prologue of sorts to Chair Janet Yellen’s twin Humphrey-Hawkins testimonies on Capitol Hill next week,

Everything in this morning’s Nonfarm Payroll numbers — yes, we know, one number a trend does not make — and for the majority of the Federal Open Market Committee every

As immensely difficult and fraught with risks as it may be for the Federal Open Market Committee over the next few months in weighing the timing to a rates lift-off,

There is not much to add to the release of the Federal Open Market Committee statement this afternoon, which came out almost exactly as we noted was likely in our

We have gotten quite a few incoming phone calls asking whether the Federal Open Market Committee statement in a few hours will turn distinctly more dovish and indicate a rate

Against the backdrop of the widening divergence between market pricing and the Federal Reserve’s “data dependent” path towards policy normalization, three issues seem key to us for the consensus slowly