FOMC Press Conference Notes

posted in: Notes | 0

Still view policy as accommodative ” my colleagues and I on the Federal Open Market Committee decided to maintain the target range for the federal funds rate at 1 to 1-1/4 percent. This accommodative policy should support some further strengthening … Continued

FOMC September 2016 Press Conference Notes

posted in: Notes | 0

Waiting for the time being “We judged that the case for an increase has strengthened, but decided for the time being to wait for further evidence of continued progress toward our objectives” Household spending driving growth “Economic growth, which was … Continued

Janet Yellen June 2016 Speech

posted in: Notes | 0 Further increases in fed funds are likely to be appropriate if conditions continue to strengthen ” If incoming data are consistent with labor market conditions strengthening and inflation making progress toward our 2 percent objective, as I expect, further … Continued

FOMC April 2016 Meeting Minutes Notes

posted in: Notes | 0

FOMC Minutes Notes Participants generally agreed that risks to the economic outlook had receded however many indicataed they continued to see downside risks “Participants generally agreed that the risks to the economic outlook posed by global economic and financial developments … Continued

FOMC July 2015 Meeting Minutes Notes

posted in: Notes | 0

Committee discussed strategies to taper reinvestments ” A staff briefing at this meeting provided background on alternative strategies the Committee could employ with respect to reinvestments. These strategies included either characterizing qualitatively or specifying numerically the economic conditions under which … Continued