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Showing 1 - 5 of 5 results for "January FOMC"

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent," it said. ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... this year - fed funds rate at 2.25%-2.5% - at 80.2% (up from 72% a day before the conclusion of the Fed's 29-30 January FOMC meeting and 71.4% a week ago.) In addition, the likelihood of a rate cut by the end of the year has increased to 12.3% from ...

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

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... Noticed anything new? Same here. For Powell's statement hardly 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 ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... goings-on over the past 24 hours. There were no surprises at the Fed's decision to keep policy unchanged at its 30-31 January FOMC meeting. However, it changed its inflation outlook, expecting "Inflation on a 12-month basis... to move up "this year" ...

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
... jittery market. Perhaps she didn't want to deviate from the Fed narrative told only last December and retold at the January FOMC meeting. Perhaps she is as uncertain as the rest of us as to what's in store in the coming months. Perhaps. Perhaps. Perhaps. ...
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