2018-09-26

FOMC meeting, Fed Chairman's LIVE Press Conference Sep 26

FOMC Press Conference September 26, 2018

FOMC meeting on September 25-26, 2018: this meeting is associated with a Summary of Economic Projections and a press conference by the Federal Reserve Chair Jerome ("Jay") Powell. The 25 basis point increase to a 2.00% - 2.25% target for the fed funds rate was expected. Fed Funds Futures odds here.

The 2:30 pm EDT press conference did include a question about trade policy although Chairman Powell has avoided this issue in the past. Will tariffs cause inflation, increasing the need for more rate hikes, or chill spending and capital investment, negating further need for higher interest rates?

Domain: federalreserve.gov
Fed Chairman Powell
FOMC Summary of Economic Projections for the Fed Funds Rate Jan 2018 - Jan 2020, Median (FEDTARMD)



feedback & comments via twitter @DomainMondo


DISCLAIMER

Domain Mondo posts: