The RSM US Financial Conditions Index turned positive in January and has centered at 0,25 standard deviations above zero since March, indicating the normal level of risk priced into financial securities. … READ MORE >
federal open market committee
FOMC preview: Dot plot to imply two rate cuts this year
We expect the Federal Open Market Committee to keep its policy rate unchanged between a rate of 5.25% and 5.5% at its meeting next week. … READ MORE >
Fed holds rates steady as it implies three rate cuts in 2024
The primary takeaway from the Federal Open Market Committee’s policy statement and forecast is that the Fed, along with other major central banks, are likely to provide a near-synchronized set of rate cuts this year and next. … READ MORE >
FOMC preview: A status quo meeting
We anticipate that the Federal Open Market Committee meeting on March 19 and 20 will maintain the status quo in its policies. … READ MORE >
FOMC policy decision: Setting the predicate for rate cuts
The Federal Reserve shifted its bias on monetary policy away from tightening to a balance of risks that favors neither rate hikes nor cuts. … READ MORE >
FOMC preview: Modest adjustments will lead to pivot by midyear
The FOMC next week will almost certainly leave its policy rate unchanged between 5.25% and 5.5% and maintain the pace of quantitative tightening. … READ MORE >
Fed signals end of rate hikes and projects cuts in 2024
The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised to reduce it by 75 basis points next year, with more cuts after that. … READ MORE >
FOMC preview and the logic of Fed rate cuts in 2024
After nearly two years of raising the federal funds policy rate to restore price stability, the Federal Reserve is poised to all but declare that campaign to be over at its meeting next week. … READ MORE >
FOMC decision: Extended pause as Fed waits for economy and inflation to ease further
The Federal Reserve maintained its policy rate in a range between 5.25% to 5.5% at its November policy meeting on Wednesday. Given the recent backup in Treasury yields, with the 10-year increasing by 124 basis points from 3.74% on July 19 to 4.98% on Oct. 19, the Fed intends to … … READ MORE >
FOMC policy decision: No rate hike as Fed implies soft landing
The Fed maintained its policy rate in a range between 5.25% and 5.5% while revisions to its Summary of Economic Projections strongly imply that the central bank no longer expects a recession. … READ MORE >