FOMC meeting today
A Focus on Central Banks, Particularly the Fed
March 20, 2024
At 14:00 EDT (18:00 GMT), the Federal Open Market Committee will telegraph the decisions from its second scheduled policy meeting of 2024. The federal funds rate target will be left at 5.25-5.50% where such has been since last July. An updated set of forecasts also at 14:00 EDT will provide the first indication of any […] More
Marking Time Ahead of Powell’s Press Conference and Amid Whiffs of Possible Change
November 2, 2022
Another 75-basis point Federal Reserve interest rate hike appears highly likely today and is discounted in the marketplace. Investors are focused on how monetary policy will evolve afterward, as hints of smaller increases from December have been floated. The Fed announcement arrives at 18:00 GMT, but a macroeconomic forecast update isn’t scheduled until next month’s […] More
ECB Steals Some Attention from the Fed
June 15, 2022
An unscheduled meeting of the European Central Bank Governing Council has been underway for a bit over two hours to consider the bond market selloff and increasing fragmentation of that market that saw a 242-basis point spread at the close of Tuesday trading between 10-year Italian and German sovereign debt yields. That hasn’t be so […] More
