All Posts Tagged: FOMC

U.S. Outlook: Is the Yellen FOMC more hawkish?

Scott Anderson
Chief Economist
Graph showing uptick in business lending.

Despite a weak start to the year and financial volatility in emerging markets, the FOMC appears to have doubled-down on its monetary exit strategy in March.

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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.

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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 […]

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U.S. Outlook: The pause that refreshes?

Scott Anderson
Chief Economist
mortgage_rate_110113

In this week’s U.S. Outlook report, I consider the Fed’s continuing asset purchases and what it could mean for your finances. Below is a brief summary followed by a link to the full report, delivered on Nov. 1, 2013. Key observations: Since September Fed meeting, mortgage rates have dropped by about a half a percentage […]

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