The Federal Reserve issued a press release yesterday evening announcing extensions and some modifications to a number of its liquidity facilities. In general, the interest for taking out liquidity thr...

The FOMC decided to leave the fed funds rate at the current target range of 0.00-0.25% and maintain existing targets for purchases of MBS, GSE and Treasuries. There was only a very vague hint concerni...

The June FOMC meeting ended largely inline with our forecasts though the Fed’s outlook on inflation seemed to be more hawkish than what we anticipated. On the whole, the Fed kept the target range for ...

As widely expected by the markets, the FOMC kept the fed funds rate steady and renewed its commitment to keep rate low for an extended period of time. The tone and text of the communiqués was virtuall...

The FOMC elected to hold rates unchanged as expected, to maintain the current level of bond purchases and said deflation is no longer a concern. The FOMC said interest rates would remain low for an ex...

The FOMC's statement offered a slightly more upbeat assessment of the economy. While their comments still echoed their April assessment that the outlook for economy has improved, today's statement add...

The Federal Open Market Committee left the benchmark interest rates steady at the current target range between 0% and 0.25% in a unanimous decision inline with markets expectations, as the ongoing rec...

The Federal Open Market Committee (FOMC) will meet on June 23rd and 24th. The FOMC is expected to hold rate policy steady and its target range for interest rates unchanged at 0.00-0.25%.The FOMC is al...

On Wednesday, the market expects the Fed to maintain the Federal Funds Rate at 0.25%, but this time the two-day meeting will probably raise more questions than the previous ones. By a huge percentage,...

We expect the FOMC to talk down the aggressive pricing of rate hikes and reiterate that rates will be held at exceptionally low levels for an extended period. The statement could stress that even thou...

The Fed's Beige Book prepared based on data reported prior to June 2 reported that economic conditions remained weak or worsened through May. However five of the Fed districts saw the downward trend i...

The minutes of the FOMC meeting on April 28-29 confirm that committee members remain focused on improving financial market conditions and combating deflation risks. They contained almost no discussion...

The Federal Reserve Minutes of FOMC meeting was released showing projections of the Federal Reserve governors along with Banks presidents about the future outlook for this year and the upcoming year. ...

The minutes of the April 28-29 FOMC meeting presented a modestly more upbeat assessment on the current state of the economy. Consumer spending activity was noted to have picked up and the housing mark...

The Fed presented a slightly more upbeat assessment of the outlook for economy in today's statement and said that the "pace of contraction appears to be somewhat slower" than when policymakers met six...

As expected, the FOMC has decided to keep the target range for the fed funds rate at 0.00- 0.25% and has left the size and scope of the Fed's security purchase programmes unchanged. The door was kept ...

The run-up in US equities and selloff of the USD in front of Wednesday's FOMC meeting seemed to be partly fueled by speculation that the Fed would elect to increase its asset purchase program and spec...

As was widely expected by the markets, the FOMC kept the fed funds rate steady, and reaffirmed its commitment to keeping rates at "exceptionally low levels" for an "extended period." In terms of its m...

Fed left rates unchanged at historical low of 0-0.25% as widely expected and kept target of purchases of Treasuries and mortgage securities unchanged. In the accompanying statement, Fed noted that eco...

The Federal Open Market Committee met again to decide on holding their benchmark at their historical range of 0.0-0.25%, concentrating on the purchase of long-term debt in order to fight Deflation! Th...

On Wednesday, 29 April, at 20:15 CET the Federal Open Market Committee (FOMC) is set to announce its policy decision. In line with consensus, we expect the FOMC to keep the Fed Funds rate unchanged in...

The Fed’s beige book gave a half-hearted thumbs up to sentiment that there are signs of stabilization in the economy albeit at very low levels. However there was only a smattering of positive comments...

According to the latest Beige Book, the U.S. economic contraction slowed in five out of the 12 Districts, while other saw signs that economic activity is stabilizing at low levels. However, the overa...

The hallmark of the March 17-18 FOMC meeting was that it saw the Fed initiate a program of quantitative easing with the announcement "to purchase up to $300 billion of longer-term Treasury securities ...

The March interest rate decision meeting from the Federal Reserve was dominated by the fear of unemployment growing, housing slumping, consumer's not consuming, and business and commercial markets goi...

The Minutes for the FOMC rate decision held on February 18 expressed today the giant pressure the Feds are facing which led them to approve the purchase of Mortgage Backed Securities in order to preve...

It's not clear that the Fed's quantitative ease will be a long term negative for the USD. The world is flooded with debt and this presents a significant risk of deflation. Friday, the Fed's Bullard sa...

While we believe that long-term Treasury yields are set to rise as the financial and economic backdrop improves, the Fed's bold move to buy up Treasuries is likely to put a "cap" on yields and we expe...

The FOMC decided as expected to keep its target range for the fed funds rate at 0 to 0.25%. It added that "economic conditions are likely to warrant exceptionally low levels of the federal funds for a...

The Federal Open Market Committee (FOMC) took yet another aggressive step at its meeting tonight by committing to purchase up to USD300bn in longer-term Treasury securities over the next six months, c...

After the 2-day FOMC meeting, the Fed announced a massive quantitative easing plan which includes purchase of up to $300B of long term Treasury securities over the next 6 months as well as expansion o...

The Federal Open Market Committee (FOMC) announced its intention today "to purchase up to $300 billion of longer-term Treasury securities." In addition, the Fed will increase its purchases of mortgage...

The dollar is the shock absorber to this move - or better by-product. Yields across the curve are now less attractive relative to the rest of the world and the dollar will suffer. But a $3trln balance...

The Federal Open Market Committee (FOMC) left little doubt that they will continue to "support the functioning of financial markets and stimulate the economy." Effectively the FOMC will do this throug...

The Federal Reserve Bank today announced their rate decision in which they decided to keep them unchanged between 0.00-0.25 percent which was expected by all analysts in the markets yet the U.S. econo...

The main question about the outcome of today's FOMC meeting was whether there would be any shift in the Fed position on the outright purchases of longer-term government Treasuries. Today's statement p...

As was widely expected by the markets, the FOMC kept the fed funds rates steady and reaffirmed its commitment to keeping rate at "exceptionally low levels" for some time. However, in a departure from ...

The Federal Open Market Committee (FOMC) decided today that additional purchases of credit instruments was required in order to "promote economic recovery and to preserve price stability." The FOMC wi...

On Wednesday night this week at 19:15 CET the Federal Open Market Committee (FOMC) is set to announce its policy rate decision. In line with market expectations and analyst consensus, we expect the Fe...

There was nothing in the testimony suggesting a change to our forecasts. We continue to expect that the Fed will stick to near-zero rates and expand further its balance sheet if necessary. Fed hikes w...

Federal Reserve Chairman Ben Bernanke said the U.S. economy is in a “severe contraction,' and added that unless a stabilization of the financial system occurs, the recession could last into 2010. If a...

His prepared speech didn't reflect much in the way of new updates, as he essentially just provided a timeline of the development of the financial crisis. Bernanke reiterated the Federal Open Market Co...

The most interesting part of Bernanke's speech and the FOMC minutes for the January 27-28 meeting was the information that the committee will release longer-run forecasts for PCE inflation, GDP growth...

The Federal Open Market Committee's (FOMC) meeting minutes from January yielded few surprises, but in an effort to be more transparent, the central bank started to issue longer-term forecasts for grow...

The FOMC decided to keep its target range for the fed funds rate at 0 to 0.25%. It added that "economic conditions are likely to warrant exceptionally low levels of the federal funds for some time. By...

The Federal Open Market Committee (FOMC) decided at its policy meeting to keep the fed funds rate unchanged in the 0-0.25% range. Moreover, the committee signalled that the fund rate will remain low f...

For the Federal Open Market Committee (FOMC), the two objectives of financial stability and economic recovery remain the intermediate-term policy targets. Yet, both targets are a distance away from be...

Not surprisingly, the FOMC kept the fed funds rates steady and reaffirmed its commitment to keeping rate exceptionally low for some time. The Committee seemed to have advanced the discussions on the p...

With Fed funds already as low as they can go and trading in a range of 0 to ¼ percent, no further action was expected on the interest rate front coming out of today's FOMC meeting. In the event, the c...

After leaving interests unchanged from December's 0.00% to 0.25% range, the Fed indicated that while it will not begin purchases at this time it is now "prepared to purchase longer-term Treasury secur...