Fed Chair June 2017 Press Conference

posted in: Notes | 0

Janet Yellen Reduce reserve balances, but larger than crisis “we anticipate reducing reserve balances and our overall balance sheet to levels appreciably below those seen in recent years but larger than before the financial crisis” Policy not on a set … Continued

FOMC September 2016 Meeting Minutes Notes

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Substantial majority viewed the risks as roughly balanced ” A substantial majority now viewed the near-term risks to the economic outlook as roughly balanced, with several of them indicating the risks from Brexit had receded. However, a few still judged … Continued

Fed Chair Janet L. Yellen at Jackson Hole, Wyoming

https://www.federalreserve.gov/newsevents/speech/yellen20160826a.htm Current economic situation in the US “U.S. economic activity continues to expand, led by solid growth in household spending. But business investment remains soft and subdued foreign demand and the appreciation of the dollar since mid-2014 continue to restrain … Continued

Atlanta Fed President Dennis Lockhart Interview with WSJ

posted in: Federal Reserve, Notes | 0

http://www.wsj.com/articles/transcript-atlanta-feds-dennis-lockhart-interview-in-jackson-hole-wyo-1472320365 The US economy is doing better “I think the U.S. economy is expanding at a modest pace. The second quarter (gross domestic product) number—which was 1.1 (percent annual rate of growth), just revised slightly yesterday—I think overstates the slowdown … Continued

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