The Federal Open Market Committee (FOMC) hiked its federal funds rate target by 0.75% at its July meeting, as expected.
Category: Economic Analysis
When Federal Reserve (Fed) Chair Jerome Powell took the helm of the Fed in 2018, the Fed was close to the end of its rate-hiking cycle that started in December 2015. At the time, he said the Fed would be gradual with hikes. Fast-forward to January 2022, and Chair Powell dropped “gradual” in favor of being “nimble.” Then in the spring of 2022, he said the Fed would move “expeditiously” to bring down inflation.
Brian Jacobsen provides perspective on key events and topics for the week of June 25–July 1, 2022, and his thoughts about what the week ahead may hold. Plus: There’s a recap of the second quarter’s key events.
Brian Jacobsen provides perspective on this week’s key topics, including the Fed’s 75-basis-point hike in the federal funds rate—plus, his thoughts on what the week ahead may hold. Here’s his report for the week of June 11–17, 2022.
On Wednesday, June 15, the Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points (bps; 100 bps equal 1.00%) to a new range of 1.50%‒1.75% by a vote of 10-1—an outcome that was very far from consensus as recently as Friday, June 10.
Brian Jacobsen, Janet Rilling, and Jeff Weaver provide perspective on the U.S. economy—and key indicators we monitor to gauge the potential for a recession—as we look ahead to the FOMC announcement on June 15, 2022.
Brian Jacobsen provides perspective on the Russia-Ukraine war and other key topics of the current week—plus, his thoughts about what the week ahead may hold. Here’s his report for the week of May 28–June 3, 2022. Plus: There’s a recap of May’s key events.
Brian Jacobsen provides perspective on the Russia-Ukraine war and other key topics of the current week—plus, his thoughts about what the week ahead may hold. Here’s his report for the week of May 21–27, 2022.
Brian Jacobsen provides perspective on the Russia-Ukraine war and other key topics of the current week—plus, his thoughts about what the week ahead may hold. Here’s his report for the week of May 14–20, 2022.
Brian Jacobsen provides perspective on the Russia-Ukraine war and other key topics of the current week—plus, his thoughts about what the week ahead may hold. Here’s his report for the week of May 7–13, 2022.
