Instant Analysis: FOMC decides to raise interest rates again

Scott Anderson
Chief Economist
Exterior of the Federal Reserve in winter, with bare trees with loads of branches slightly obscure the building.

The December FOMC decision to raise the Fed funds target rate another quarter percentage point reveals a chink developing in the armor of a unified FOMC. 

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U.S. Outlook: What we expect from the Federal Reserve next week

Scott Anderson
Chief Economist
Graph showing rise in total net worth of households.

Amid much anticipation, we expect the FOMC to vote next Wednesday to raise the Fed funds target rate range another quarter percentage point to between 1.25% and 1.50%.

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Instant Analysis: November Payroll report reveals robust job creation

Scott Anderson
Chief Economist
Modern, busy office with several people at desks, as young woman rushes by in a blur.

Overall, a solid payroll report very much in line with our expectations.

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U.S. Outlook: Positive economic surprises continue

Scott Anderson
Chief Economist

The Bloomberg economic surprise index is at its highest level since March, as U.S. economic indicators have been generally surpassing economists’ forecasts over the past month.

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