FOMC statement and press conference

Markets Not Reassured by Today’s Signals from the Fed

December 19, 2018

The FOMC statement accentuated the U.S. economy’s strong trends of domestic demand and labor market conditions. Comments about inflation were not modified. Concessions to recent jittery markets, President Trump’s criticism that raising interest rates is inappropriate, and the tilt in global data from mostly better-than-expected to primarily softer-than-expected results were slight and worded in a […] More

FOMC Preview

September 18, 2013

Federal Reserve policymakers have preparing markets to expect a reduction this month in the size of the central bank’s monthly $85 billion of long-term asset purchases, also known as quantitative stimulus (QE).  Chairman Bernanke initially floated the idea, contingent upon continuing improvement in the U.S. economy.  Although markets at first thought the monthly quota might […] More

css.php