Tag Archives: FOMC

The U. S. dollar is rising marginally from the lows of the day on the release. Prior to the FOMC minutes.The U. S. dollar had eased back from a one year high as longer-dated Treasury yields fell after US inflation data, although data shows that prices rose solidly in September, …

The U. S. Fed released its minutes of the September monetary policy meeting. Participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate.Various participants stressed that economic conditions were likely to …

The Fed minutes are not released in a lock up any longer so the report will be put up on the Fed website at the top of the hour and then the free-for-all begins.To recap, the key line in the FOMC statement was:“If progress continues broadly as expected, the Committee …

“All but met,” is the sentence Fed Chair Jerome Powell said about the plan to taper, but the weak NFP numbers may derail the bank from its plan to taper sooner. On Tuesday, three U.S. Federal Reserve policymakers said the economy had recovered enough to begin tapering, reinforcing expectations that …

U.S. jobs rose by 194,000 in September, below economists’ average estimates for a gain of 500,000 jobs, the Labor Department reported Friday. But the data was mixed, with August’s jobs number revised upward by 131,000.The combination may give the U.S. Federal Reserve more flexibility after Chair Jerome Powell signaled recently …

Britain’s FTSE index has been up by 0.2%, while sterling rose 0.8% versus the U. S. dollar to USD 1.37.The Bank of England on Thursday kept monetary policy unchanged and downgraded economic growth projections for the third quarter of 2021.European investors are still digesting signals and comments by the U. …

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most …

The minutes of the latest Federal Open Market Committee (FOMC) meeting showed that some members of the United States Federal Reserve Board indicated that the committee should begin limiting asset purchases this year. However, 60% of respondents anticipated the first reduction in the pace of net asset purchases to come …

At the FOMC meeting on July 28, the question about monetary policy was posed very straightforwardly; Is the US economy, especially the labor market, improving fast enough to begin discussing QE tapering? Looking at the Fed members’ statements since the last meeting of FOMC, we see that it tends to …

Minutes of the Federal Open Market Committee (FOMC) June meeting showed participants focused on data showing lower employment growth and higher inflation readings than had been expected. The median expectation is that the Federal Reserve will begin tapering its asset purchases in the first quarter (Q1) of 2022, before ending …