15 March 2017

LIVE Video Replay: March 15 Federal Reserve FOMC Press Conference

FOMC Press Conference March 15, 2017, 2:30pm ET

Video above published March 15, 2017, by the U.S. Federal Reserve. Chair of the Federal Reserve Board of Governors is Janet Yellen.

On March 15th, the FOMC raised the interest rate by 25 BPS as expected. Federal Open Market Committee statement--excerpt: "In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation."
Graphic: DJIA and S&P500 closed UP Wednesday after FOMC Rate Hike
DJIA and S&P500 closed UP Wednesday after FOMC Rate Hike
FRB: Monetary Policy"Federal Open Market Committee Monetary policy is made by the Federal Open Market Committee (FOMC), which consists of the members of the Board of Governors of the Federal Reserve System and five Reserve Bank presidents. The FOMC holds eight regularly scheduled meetings during the year, and other meetings as needed."
Fed Statement Tracker | WSJ.com: The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Pundits and traders parse the changes between statements closely to see how policy makers’ views are evolving. Use the tool at the link above to compare any two statements since 2007.
@FederalReserve #FOMC:


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