Author: Scott Anderson

Instant Analysis: FOMC statement for March

Scott Anderson
Chief Economist
Facade of the Federal Reserve building in Washington DC on a sunny day.

The FOMC raised the fed funds target rate range another quarter percentage point today to between 1.50% and 1.75% and maintained its median forecast for three quarter-point rate hikes by the end of 2018 and 2019.

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U.S. Outlook: Preview of next week’s FOMC meeting

Scott Anderson
Chief Economist
Graph showing Fed funds rate hike projections into 2019

The Fed funds future market is currently putting a 99.3% probability on another rate hike on Wednesday.

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U.S. Outlook: Blowout job creation, but wages fail to launch

Scott Anderson
Chief Economist
Crowded crosswalk full of morning professionals walking to work as the sun shines through the crowd.

February’s jobs gain is more than three times the pace the Fed believes is necessary on a monthly basis to keep the unemployment rate steady.

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U.S. Outlook: Trade fears mount

Scott Anderson
Chief Economist
Large bundle of steel rods being lifted via crane off a stack of many bundled rods.

More signs emerged this week that the Goldilocks view of the U.S. economic outlook could be in for a serious challenge in the weeks ahead.

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