Federal Reserve Chair Janet Yellen and the Federal Reserve Open Market Committee (FOMC) are frustrated in their inability to generate even 2% inflation (as they define it). The post Core PCE Prices YoY (“Inflation”) Fall To 1.4% In July (The Dreaded Inflation Mirage) was originally published at The Wall Street Examiner. Follow the money!
Minutes of the Federal Open Market Committee's July meeting show a growing debate about inflation and why it's retreating, instead of advancing, in the face of 4.3 percent unemployment. The central bank is puzzled that prices have been...Show More Summary
Here is what you need to know. Most Fed officials support a move toward unwinding the Fed's balance sheet. Wednesday's release of the minutes from the July Federal Open Market Committee meeting showed most Federal Reserve officials supporting...Show More Summary
From the Fed: Minutes of the Federal Open Market Committee, July 25-26, 2017. Excerpts: Participants also discussed the appropriate time to implement the plan for reducing the Federal Reserve's securities holdings that was announced in June in the Committee's postmeeting statement and its Addendum to the Policy Normalization Principles and Plans. Show More Summary
The Federal Reserve is set to release the minutes of its July 2017 policy meeting at 2 p.m. ET. At that meeting, the Federal Open Markets Committee voted to leave interest rates unchanged, as expected. It also indicated that it planned...Show More Summary
I was identifying the Fed as behind the curve: John Berry on the Fed's Decisions This Week : He writes, for Bloomberg: "The Federal Open Market Committee will keep its overnight lending rate target at 5.25 percent and say its 'predominant policy concern' is that inflation may not moderate... Show More Summary
FOMC Statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have been solid, on average, since the beginning of the year, and the unemployment rate has declined. Show More Summary
Federal Reserve Chair Janet Yellen speaks during a news conference after a two-day Federal Open Market Committee meeting in Washington in March 2017. Photo by REUTERS/Yuri Gripas Editor’s note: Cutting taxes while beefing up the military. Show More Summary
During the June press conference of the Federal Open Market Committee (FOMC), Federal Reserve Chair Janet Yellen downplayed the recent slowdown in inflation. She even went so far as to call attention
The Federal Reserve released the minutes from its June policy-setting meeting yesterday afternoon. The Federal Open Market Committee (FOMC) minutes reflect an economic outlook consistent with recent public comments made by Fed officials:...Show More Summary
The Fed is divided over when to start paring down its massive balance sheet, minutes of the policy meeting in June showed. Members of Federal Open Market Committee voted at that meeting to raise interest rates, which was a further step...Show More Summary
From the Fed: Minutes of the Federal Open Market Committee, June 13-14, 2017. Excerpts: With regard to the outlook for inflation, some participants emphasized downside risks, particularly in light of the recent low readings on inflation...Show More Summary
The Federal Open Market Committee (FOMC) voted to raise short-term interest rates for only the third time since the financial crisis at the conclusion of its June 13–14 meeting, as... The post FOMC Voted to Hike Rates at its June Meeting, Plans to Reduce its Balance Sheet Starting this Year appeared first on Shopfloor.
Following the Federal Open Market Committee's rate hike on Wednesday, long-term treasuries-tracking exchange-traded funds climbed to the top of the heap.
The Federal Open Markets Committee voted to raise its benchmark interest rate after a two-day meeting, as virtually everyone was expecting. It also released its latest Summary of Economic Projections. The Fed now expects real GDP to grow around 2.1% to 2.2% in 2017, compared to its previous outlook of 2.0% to 2.2%. Show More Summary
Note: The FOMC also released an Implementation Note: Decisions Regarding Monetary Policy ImplementationFOMC Statement: Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Show More Summary
In short, buy stocks. Remember that 2011 NY Fed study which found that since 1994, a stunning 80% of all equity returns on U.S. stocks were generated over the twenty-four hours preceding scheduled Federal Open Market Committee announcements,...Show More Summary
Tim Duy: The recent inflation data doesn't exactly support the Federal Reserve’s monetary tightening plans. Chair Janet Yellen and her colleagues will surely take note of the weakness at this week’s Federal Open Market Committee meeting, but they will downplay...
The dollar is slipping as the Fed begins its two-day meeting. The US dollar index was down by about 0.1% at 97.04 at 7:41 a.m. ET after seeing some small gains earlier in the session. The Federal Open Market Committee (FOMC) starts its meeting Tuesday. Show More Summary
Decisions by the Fed's Federal Open Market Committee are based in part on the Greenbook forecasts. These forecasts are produced by the Federal Reserve Board’s staff and are presented to the FOMC prior to their policy meetings, but are not made public for another five years. Show More Summary