Searcher

FOMC

FOMC latest publications

March 17, 2021

FOMC holds the line despite more upbeat outlook

The FOMC made upward revisions to their GDP and inflation outlook and lowered its estimates of the unemployment rate, but kept its projections of the policy rate at the zero lower bound at least until 2023.
  • Geography Tags
  • USA

January 27, 2021

U.S. | Powell Rebuts Market Optimism with Dovish Defense

Today’s statement confirms our outlook that a successful vaccination strategy is paramount to support the economic recovery, interest rates will remain low for a prolonged period and tapering remains off the table at least until 2022.

November 5, 2020

FOMC allows dust to settle while it prepares for next phase

The statement signalled that the Fed remains a pillar of unity and stability in uncertain times, while the assessment of economic conditions confirmed ongoing improvements albeit at a significantly reduced pace.
  • Geography Tags
  • USA

September 16, 2020

FOMC Meeting September 15-16:Fed delivers on forward guidance, but defers on changes to QE

After announcing the changes to the Longer-Run Goals and Monetary Policy Strategy in the intermeeting period, the FOMC followed up with a very dovish statement at the September meeting.
  • Geography Tags
  • USA

August 27, 2020

Fedwatch: Powell shifts focus from “stars” to transparency and inclusiveness

The Fed released its updated Statement on Longer-Run Goals and Monetary Policy Strategy, which reflect changes in the economy over the past decade and explains how policymakers are planning to conduct monetary policy. The statement also enhances transparency, accountability and effectiveness of monetary policy.
  • Geography Tags
  • USA

August 19, 2020

FOMC Minutes July 28-29th: Fed narrows its focus on policy guidance and asset purchases

Fed uses July meeting to discuss policy options as the strategy shifts from “stabilization to accommodation”. Most members continue to view the outlook as extremely uncertain.
  • Geography Tags
  • USA

July 29, 2020

FOMC Meeting July 28-29: Dovish tone signals more accommodation for an extended period

As expected, the Fed left interest rates unchanged and reaffirmed its commitment to, at a minimum, maintaining the current pace of asset purchases while also defending its expanded use of its lending powers until the economy is on the road to recovery.
  • Geography Tags
  • USA

June 10, 2020

FOMC Meeting June 9-10: No end in sight for accommodative stance

The June 9-10 FOMC meeting statement provided a very dovish perspective on the economy. It reinforced the severe damage from Covid-19 to both economic activity and the labor market.
  • Geography Tags
  • USA