Experiential Wealth


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, through Chairman...

FOMC May 2018 Press Release Changes

The Federal Open Market Committee finished its two day policy meeting this afternoon and left rates unchanged. This was widely expected as it is not a “live” meeting since it does not have a press conference scheduled. The most important word inserted in the...

FOMC March 2018 Press Release Changes

With almost 100% of the market expecting a 25bp rate hike, the first act of the new FOMC chairman did not disappoint. There were no surprises per se in the press release either. The FOMC recognizes the continued improvement in the labor market and the slow return of...

FOMC January 2018 Press Release Changes

Summary Janet Yellen serves as the Chair for the last time. Labor continues to strengthen. (no change) Economic activity rising at a solid rate (no change) Gains in employment, household spending and business investment have been solid. (upward change) Unemployment...

FOMC Dec 2017 Economic Projections

Four times per year, the FOMC releases its forward looking economic projections for the economy (GDP), labor (U3 unemployment), core inflation (PCE) and Fed Funds rate as part of its meeting minutes.  The economic projections offer the upper, lower and median values...