All Posts Tagged: Federal Reserve

Instant Analysis: December FOMC statement

Scott Anderson
Chief Economist
Closeup of pillars on exterior of Federal Reserve building

The FOMC tiptoed into the taper pool by announcing a reduction in monthly asset purchases at today’s FOMC meeting, starting in January. Beginning next year, the Fed will be purchasing $75 billion a month in agency mortgage-backed securities and Treasury securities, a $10 billion reduction from the current pace of $85 billion.

Read More ›

2014 U.S. Outlook: Firing on all cylinders

Scott Anderson
Chief Economist
graph of GDP forecast for 2014

For the first time since the “Great Recession,” the U.S. consumer will drive economic expansion in 2014.

Read More ›

Instant Analysis: November jobs report

Scott Anderson
Chief Economist

The government’s November report on U.S. employment is solid, any way you slice it. And the larger-than-expected drop in the unemployment rate may be the biggest surprise of all.

Read More ›

Instant Analysis: October FOMC minutes

Scott Anderson
Chief Economist
Federal Reserve

Key observations: October FOMC minutes were not dovish enough for markets. Solid jobs reports could trigger tapering announcement in January. The minutes of the October FOMC meeting were not dovish enough for the markets to sustain their recent rally. Both stock and bonds sold off in the afternoon following the release of the minutes. The […]

Read More ›