28th January 2020 FOMC: At 14:00NY/18:00LDN – Rate decision and statement release. No updated SEPs or ‘dots’. Chair Powell’s press conference will begin at 14:30EST/19:30GMT. In Brief -target range to be left unchanged at 1.50-1.75 in a unanimous decision...
28 January 2020
21st January 2020 Policy Announcement: Thursday Jan 23rd, 12:45 BST / 07:45 ET; Press Conf: 13:30 BST / 08:30 ET Current Rates: Deposit -0.50%, Main Refinancing 0.00%, Marginal Lending Facility 0.25%. In Brief:
30th May 2018 By Steven K. Beckner Unmistakable, albeit anecdotal, signs of intensifying wage-price pressures are on display in the Fed's "beige book" survey of conditions in its 12 districts through May 21. The findings, summarized by the Cleveland...
31 May 2018
By Steven K. Beckner Unmistakable, albeit anecdotal, signs of intensifying wage-price pressures are on display in the Fed's "beige book" survey of conditions in its 12 districts through May 21. The findings, summarized by the Cleveland Federal Reserve...
30 May 2018
29th May 2018 By Steven K. Beckner The Federal Reserve primarily pursues a domestic mandate of maximum employment and price stability, and its policymaking Federal Open Market Committee has been projecting at least three federal funds rate hikes this...
29 May 2018
- Hint At Coming Communication Changes 23rd May 2018 By Steven K. Beckner The long-awaited arrival of 2% inflation cheered Federal Reserve policymakers at their May 1-2 Federal Open Market Committee meeting and confirmed their inclination to raise...
24 May 2018
15th May 2018 By Steven K. Beckner Nothing terribly revealing emerged from Tuesday's confirmation hearing for two of President Trump's nominees to fill seats on the short-handed Federal Reserve Board. Richard Clarida, nominated to succeed Stanley...
16 May 2018
7th May 2018 By Steven K. Beckner AMELIA ISLAND, FLA. - Though the Federal Open Market Committee left the federal funds rate unchanged last Wednesday, the Federal Reserve's policymaking body signalled it will raise rates further this year,...
7 May 2018
2nd May 2018 The Federal Reserve could have given a blunter signal that it will raise interest rates next month, but its rate-setting Federal Open Market Committee clearly, if subtly, opened the door to a June rate hike as it concluded two days of meetings...
2 May 2018
26th April 2018 By Steven K. Beckner There is almost no chance the Federal Reserve will raise interest rates at its third Federal Open Market Committee meeting of the year, but the deliberations of Chairman Jerome Powell and his fellow policymakers...
26 April 2018
By Steven K. Beckner
17 April 2018
11th April 2018 By Steven K. Beckner The word is that the Senate will vote in May on Marvin Goodfriend's nomination to become a member of the Federal Reserve Board of Governors. Goodfriend, former Richmond Federal Reserve Bank director of research,...
11 April 2018
By Steven K. Beckner
11 April 2018
6th April 2018 By Steven K. Beckner San Francisco Federal Reserve Bank President John Williams made clear Friday he will back continued gradual but steady monetary tightening when he becomes New York Federal Reserve Bank President in a few months. ...
6 April 2018
3rd April 2018 By Steven K. Beckner Although he lacks the hands-on financial markets experience some might have liked to see, it is difficult to imagine a better choice to succeed William Dudley as president of the New York Federal Reserve Bank...
5 April 2018
- Still Projects Three 2018 Rate Hikes - 2019-20 Rate Projections Up But Not By Much - 'Neutral' Rate Moved up Just Slightly To 2.9% - Powell Stresses Uncertainty of Outlook, Policy By Steven K. Beckner 21st March 2018 After all...
22 March 2018