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Showing 1 - 7 of 7 results for "Committee views"

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... differed from the statement issued after its 30-31 January FOMC meeting (Janet Yellen's last), including: "The committee views the near-term risks to the economic outlook as roughly balanced but will continue to monitor inflation developments closely." ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... year-on-year rate of 2.5% in May (also unchanged from April). In its March FOMC statement, the Fed declared that "The Committee views the slowing in growth during the first quarter as likely to be transitory" but two months into the second quarter, employment ...

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
... levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run". As the Wall Street Journal (WSJ) puts it, "In December 2016, for example, the Fed projects a ...

Yellen yawn turn to Yellen yikes

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2014
... mandate-consistent levels, economic conditions may, for some time, warrant keeping the federal funds rate below levels that the Committee views as normal in the longer run." But wait! She included some thoughts on "Financial Stability": "The Committee ...

Steady as she goes

BENJAMIN ONG  |  THURSDAY, 19 JUN 2014
... levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run." That worked for the markets that time so why change the formula? Why change indeed... that formula ...

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 1 MAY 2014
... levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run." Haven't we heard all these before? Yes Virginia, we have... but there's something soothing and ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
... believes that domestic production and employment are the primary conceptual measures of economic activity. The committee views the payroll employment measure, which is based on a large survey of employers, as the most reliable comprehensive estimate ...
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