Instant Analysis: Fed raises rates at March meeting

Scott Anderson
Chief Economist
Close up of the Federal Reserve building with the eagle statue

The Federal Reserve raised the fed funds target rate range today by a quarter percentage point to 0.75 to 1.00% from 0.50 to 0.75%, as expected. There was one dissent in the Federal Open Market Committee (FOMC) decision, as Neel Kashkari preferred to maintain the existing target range for the Fed funds rate. The move […]

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U.S. Outlook: An early spring for the jobs report

Scott Anderson
Chief Economist
Graph showing recent rise in the labor force participation rate.

The payroll report for February did not disappoint. Job gains were 235K; our forecast was for 220K.

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U.S. Outlook: Two steps forward, one step back

Scott Anderson
Chief Economist
Graph showing recent dip in jobless claims

The chorus of calls from Fed officials that a rate hike is coming soon got a lot louder this week.

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U.S. Outlook: Feeling good — is it the stock market or the economy?

Scott Anderson
Chief Economist
Graph showing recent decline in the CBOE volatility index.

Investors have gotten extremely comfortable with the economic environment and outlook — some would say the mood is positively complacent.

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