Central Bank Watch
FOMC Statement, Updated Forecasts and Press Conference
September 16, 2026
In line with a nearly universally held consensus, the federal funds target was raised by 25 basis points to a range of 3.75-4.00%. This tightening was the first change of Kevin Warsh Fed chairmanship and the first rate increase since July 2023. The U.S. still has elevated inflation and solid economic activity that rests on […] More
New Overnight Developments Abroad - Daily Update
Anticipating A Federal Reserve Interest Rate Hike on This 34th Anniversary of Britain’s Black Wednesday
September 16, 2026
The Federal Reserve has not raised its targeted interest rate since September 2023, but financial markets are placing very high odds on that streak ending three hours from now. Coincidentally, this likely directional reversal comes on the 34th anniversary of what arguably was one of the most memorable currency market events of the floating dollar […] More
