The Federal Reserve released the minutes for the Fed’s December 2017 Federal Open Market Committee meeting on Wednesday afternoon, providing insights into the recent decision to increase interest rates, as well as other key economic concerns. That meeting saw the ...
Read More »Yellen: Tax Reform Will Likely Provide ‘Some Lift’ to Economy
After a two-day policy meeting, the Federal Reserve today announced an interest rate hike as expected, after which Fed Chair Janet Yellen addressed her expectations for the tax reform bill Congress is trying to get across the finish line.
Read More »The Week Ahead: Fed Chair Press Conference and FOMC Forecasts
On Wednesday, the The Fed Chair will hold a press conference to address the FOMC forecasts releasing that same day. Here’s what else is in store during The Week Ahead.
Read More »When It Comes to Interest Rates, Mind the Curve
The Fed is expected to continue gradually raising interest rates in 2018, but the president of the St. Louis Fed urges caution along that path to avoid a “yield curve inversion.”
Read More »Trump Nominates Goodfriend for Fed Board
Marvin Goodfriend has been a vocal critic of the Fed’s handling of the 2008 financial crisis, and has called for more Congressional oversight.
Read More »Search for New York Fed Replacement Intensifies
Considered the second most important job in the Federal Reserve system, the search for replacing New York Fed Chair William Dudley is on. See the names in contention.
Read More »Fed Owns Nearly 30 Percent of All Outstanding MBS
Since October, the Federal Reserve is reducing the number of securities and treasuries it owns, see where the Fed projects to be by 2025.
Read More »Fed Retains Rate … For Now
The Federal Reserve has opted not to change its key interest rate. But insiders and others who are in-the-know say that’s likely to change sooner than later.
Read More »Economic Outlook: Consumer Confidence and The Fed
The Federal Reserve Bank of New York recently released results from its September 2017 Survey of Consumer Expectations, which showed overall increases in pessimism. Specifically, the survey found that expectations about earnings, spending, income growth, home prices, financial situations and the stock ...
Read More »Economic Disrupt: Harvey’s Impact
The Federal Reserve’s Beige Book published Wednesday, and according to the report’s national summary, economic activity increased at a “modest to moderate pace” across all 12 districts in July and August. However, the Fed's report added a special note to ...
Read More »