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PUBLICATIONS
Points | FOMC - The Long Wait (May 2025)
The Federal Reserve's holding pattern appears set to continue indefinitely - or at least through the Summer. Perceptions of heightened...
May 816 min read
Notes | Powell (16 April 2025)
No one can tell you what the Chair of the Federal Reserve Board thinks better than Jerome Powell can himself. Why should you care? He...
May 720 min read
Points | FOMC Minutes (March 2025)
Next to the Federal Reserve Chair's press conference, the FOMC minutes that follow three weeks after the meeting are the best and most...
May 411 min read
Points | FOMC - Hold On to Your Cuts
Few changes to the Federal Reserve's policy statement and median rate projections masked an important shift. With further progress on...
Mar 2017 min read
Review | And Now We Wait
Sustained risk-asset weakness and recession fears may have spurred hopes for a helping hand from the Fed, but the central bank is likely...
Mar 1712 min read
Points | FOMC - Hold Up
A streamlined FOMC statement that preserved maximal flexibility belied a substantive tonal shift - the Fed is on an indefinite hold....
Feb 412 min read
Points | FOMC - Cut and See
With greater confidence that inflation is moving sustainably lower and a willingness to preemptively support its employment goals, the...
Sep 18, 20249 min read
Review | Inflated Expectations
The Fed has signaled that it will cut the Federal Funds target range 25bp (to 5.00-5.25%) on September 18 and initiate a monetary easing...
Sep 17, 202411 min read
Points | FOMC July 2024
At its July 31 meeting, the Fed sought to communicate a more balanced assessment of risks to include labor market deceleration. Powell...
Aug 4, 20246 min read
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