The FOMC meets eight times a year and issues a statement on its projections, its actions, and the target range for the federal funds rate. This is followed by a press conference thirty minutes later. Given the potential significance of these statements for all markets, it is important to be...
FOMC Statement: What Were the ChangesKathy Lien
This statement is based on the FOMC's commitment to fulfilling a statutory mandate from Congress to promote maximum employment, stable prices, and moderate long-term interest rates. Because monetary policy determines the inflation rate over the long term, the FOMC can specify a longer-run goal fo...
The federal funds rate is dictated by Federal Reserve officials, specifically a12-person committee— called the Federal Open Market Committee (FOMC) — that includes the chair of the Reserve, Jerome H. Powell. The FOMC meets eight times a year to discuss the rate, using indicators such as inf...
从7月的FOMC开始,Chair Powell就开始暗示货币的传导机制存在滞后,在他们评估加息对经济的影响时,认为在某个时候存在“放慢加息步伐”的必要性(Powell alluded to the lags in the monetary transmission mechanism, by observing the need at some point “to slow the pace of increases” while they assess how ...
Volatile but not unmanageable:The Emini is active daily, giving the day trader plenty of opportunities to trade. Remember, a “sleepy” market is impossible to day trade. However, the Emini volatility is also manageable – except maybe around FOMC announcements – and is not driven by individu...
This is a modal window. No compatible source was found for this media. LeadersMonetary policyFederal ReserveFOMC FORECLOSURE WARS She stopped paying her mortgage more than 15 years ago. How is she still living in her NYC condo?
That said, I expect that the explicit link between future policy actions and specific numerical thresholds, as in the recent FOMC statements, will not be a regular aspect of forward guidance, at least when the federal funds rate is not constrained by the zero lower bound. This guidance has ...
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The next FOMC statement will be on November 3. By then, they will have seen the September jobs report and maybe had a peek at October’s (the Fed, like the White House, gets an advance copy of the Friday BLS public releases). If it shows them some plausible path to maximum employment...