FOMC cut rates by 25bp and stopped shrinking its balance sheet 2 months earlier than scheduled. The market was hoping for more cuts and more clarity in the policy path going forward from Chair Powell and received neither. It is well recognized that the U.S. economy...
FOMC
FOMC June 2019 Press Release Language Change
Here we have highlighted the changes in the June 19, 2019, FOMC Press Release
FOMC May 2019 Press Release Language Change
Here we have highlighted the changes in the May 1, 2019, FOMC Press Release.
FOMC March 2019 Press Release Language Change
Here we have highlighted the changes in the March 20, 2019, FOMC Press Release.
FOMC January 30, 2019, Press Conference Prepared Remarks
2019 begins the Era of Powell Transparency. In his first of eight “live” FOMC meeting press conferences this year, Chairman Powell stated that the FOMC is “committed to clearly explaining what we are doing and why we are doing it, both regarding the path of rates and...
FOMC January 2019 Press Release Language Change
Here we have highlighted the changes in the January 30, 2019, FOMC Press Release.
FOMC December 2018 Press Release Language Change
Here we have highlighted the changes in the December 19, 2018, FOMC Press Release.
FOMC November 2018 Press Release Language Change
Here we have highlighted the changes in the November 8, 2018, FOMC Press Release.
FOMC September 2018 Press Release Language Change
Here we have highlighted the changes in the September 26, 2018, FOMC Press Release.
FOMC August 2018 Press Release Language Change
Here we have highlighted the changes in the August 1, 2018, FOMC Press Release.
FOMC June 2018 Press Release Changes
The June 13, 2018, FOMC meeting lived up to the market’s expectation of a 25bp rate increase. This has been widely expected since this is a “live” meeting (meaning that the meeting is followed by a Chairman press conference). This allows the FOMC, though Chairman Powell, to offer an additional opportunity to explain the position taken by the FOMC and to answer questions from the press.
FOMC May 2018 Press Release Changes
Here we have highlighted the changes in the May 2, 2018, FOMC Press Release.
FOMC March 2018 Press Release Changes
Here we have highlighted the changes in the March 21, 2018, FOMC Press Release.
FOMC January 2018 Press Release Changes
Here we have highlighted the changes in the January 31, 2018, FOMC Press Release.
FOMC Dec 2017 Economic Projections
Here we have summarized the accompanying economic projections to the December, 13, 2017, FOMC Press Release.
FOMC December 2017 Press Release Changes
Here we have highlighted the changes in the December, 13, 2017, FOMC Press Release.
FOMC November 2017 Press Release Language Changes
Here we have highlighted the changes in the November 1, 2017, FOMC press release.
ECB Press Conference October 26th – What has changed?
Here we have highlighted the changes in the October 26, 2017, press release.
FOMC September 2017 Press Release Language Changes
Here we have highlighted the changes in the September 20, 2017, press release.
FOMC July 2017 Press Release Language Changes
Here we have highlighted the changes in the July 26, 2017, press release.