Fed continues to cut rate – decision of October 30, 2019 – 1.75%

FOMC statement (October 30, 2019)

Information received since the Federal Open Market Committee met in September indicates that the labor market remains strong and that economic activity has been rising at a moderate rate.

 

Federal Reserve System

Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a strong pace, business fixed investment and exports remain weak. Continue reading

The historic FOMC decision – cut rate to 2.25%

For the first time in the last 10 years, the Federal Open Market Committee (FOMC) has decided to cut the interest rate by 0.25% to 2.25%.

Donald Trump,Jerome Powell

Below is the full text of this historic decision. Continue reading

Can the market correctly predict the change in interest rates?

The US economy added only 75,000 jobs in May, which is more than 100,000 less than experts predicted.

A sharp slowdown in the growth of the number of jobs in May provoked a rise in traders’ expectations that the Fed would start lowering rates in July, lowering them an additional two times before the end of the year.

roller-coaster on financial markets

However, are the experts able to correctly predict the actions of the Fed in the future? Continue reading

FOMC rises rates (2.5%) decision from December 19, 2018

Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate.

Powell-Fed

 Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year. Continue reading

The FOMC rises rates (1.75%-2.00%) decision from June 13, 2018

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 at a solid rate.

FOMC

Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Continue reading

FOMC decision – rate unchanged (1,5%-1,75%) May 2, 2018

Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate.

FOMC

Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Continue reading

The Fed raises rates to 1.75% – FOMC Decision March 21, 2018

Federal Reserve issues FOMC statement

Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains have been strong in recent months, and the unemployment rate has stayed low.

Jerome H. Powell

Job gains have been strong in recent months, and the unemployment rate has stayed low. Recent data suggest that growth rates of household spending and business fixed investment have moderated from their strong fourth-quarter readings. Continue reading

January 2018 FOMC meeting statement

Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate.

Federal Reserve System

Gains in employment, household spending, and business fixed investment have been solid, and the unemployment rate has stayed low. Continue reading

FED FOMC Statement 31/01/18 – rate left unchanged 1,5%

 Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate.

Janet Yellen - Jerome H. Powell. Gains in employment, household spending, and business fixed investment have been solid, and the unemployment rate has stayed low. On a 12-month basis, both overall inflation and inflation for items other than food and energy have continued to run below 2 percent. Continue reading

SF Fed’s President Williams – Fed to raise interest rates more rapidly than anticipated

San Francisco Federal Reserve President John Williams says significant risks to the economy have faded for the first time since the recession and stronger growth could force the Fed to raise interest rates more rapidly than anticipated.

SF Fed Williams

In a recent interview, Williams, who Trump is considering as vice chairman of the Fed’s board, said he’s comfortable with Fed policymakers’ median forecast of three quarter-point rate hikes in 2018. But he believes there’s a greater chance of faster growth and inflation prompting four rate increases than of slower gains forcing a pullback to two bumps. Continue reading

Changes in the composition of FOMC 2018 – “dovish” or “hawkish”?

In 2018, the personal composition of the Federal Open Market Committee of the Federal Reserve System (FOMC) will change significantly. Will this lead to an adjustment of the policy of the committee and what should we wait for in the new year?

janet-yellen-jerome-powellThe Federal Reserve System is one of the world’s major central banks and the decisions taken by the Fed are significantly reflected in the entire global financial system, and in the forex market as well. The media closely follows the statements made by each member of the Federal Open Market Committee in an effort to anticipate possible future decisions. Continue reading

Minutes of the FOMC meeting 13 December 2017

“Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further.

FOMC statement

Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up in recent quarters. On a 12-month basis, both overall inflation and inflation for items other than food and energy have declined this year and are running below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance. Continue reading

Federal Reserve FOMC Statement 13.12.2017

Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate.
Federal-Reserve

Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up in recent quarters. On a 12-month basis, both overall inflation and inflation for items other than food and energy have declined this year and are running below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.
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FOMC: The Beige Book 29.11.17

The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It charac- terizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources.

Fed Beige Book The qualitative nature of the Beige Book creates an opportunity to characterize dynamics and identify emerging trends in the economy that may not be readily apparent in the available economic data. Be- cause this information is collected from a wide range of business and community contacts through a variety of formal and informal methods, the Beige Book can complement other forms of regional information gathering. The full version can be read from this link.

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