FOMC latest publications

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

April 29, 2020

Fed opens up toolkit to support flow of credit

April’s FOMC statement, released today, confirms that the Federal Reserve (Fed) will continue with its aggressive strategy to deal with the economic fallout and downside risks.
  • Geography Tags
  • USA

March 3, 2020

FOMC Statement: March 3rd

In an unscheduled and abbreviated statement, the Fed announced an emergency 50bp cut to 1-1.25% in the Fed Funds rate, similar to the response to 9/11.
  • Geography Tags
  • USA

December 11, 2019

FOMC Meeting: December 10th-11th

As we expected, the Fed lefts its benchmark interest rate by unchanged at 1.5-1.75% and made only minor adjustments to the October statement.
  • Geography Tags
  • USA

October 30, 2019

FOMC Meeting: October 29th-30th

For the third time this year, the Fed lowered the target range of federal funds rate 25bp to 1.5-1.75% without significant changes to their outlook on the labor market or inflation.
  • Geography Tags
  • USA

October 26, 2019

U.S. Repo Market Tracker. October 25, 2019

Repo Rates: Rates stabilize as average daily intervention inches up to $84bn during the week. Fed recalibrates intervention: daily up to $120bn from $75bn and term up to $45bn from $35bn.

October 18, 2019

U.S. Repo Market Tracker. October 18, 2019

Repo Rates: Rates trended higher but pressures receded after increased intervention. Fed Open Market Operations: Average daily intervention jumped to $81bn during the week; Repo operations will continue at least through January.

October 11, 2019

U.S. Repo Market Tracker. October 11, 2019

Repo Market: No major spikes in rates. Average daily intervention since 9/17 jumps to $65bn; Fed commits to overnight repo operations at least through January 2020; Several FOMC members suggest introducing standing repo facility.