As the Fed has continued to fight the good fight against inflation by raising interest rates, they’ve had to keep an eye on the other part of their dual mandate from Congress – full employment. With the unemployment rate holding…
Tag: fed
Rocket Fuel – 12.18.2021
When it comes to monetary policy (interest rates), policymakers and their views are characterized by types of birds. Those who believe inflation is running too hot and want stimulus removed from the economy are called inflation hawks. 🦅 (The eagle emoji will have to do –…
Midweek Macro — 12.16.2020
As we all wrap up 2020 and start setting goals and expectations for 2021, the Federal Reserve is no exception. Today concludes the Federal Reserve’s last meeting of 2020 – this is their 10th FOMC meeting of the year. They…
Midweek Macro – 11.04.2020
Hurry up and wait. For weeks we’ve talked about how large turnout via mail-in voting would likely delay the time between when the polls closed and when the votes are tallied. Here we are – don’t be surprised or anxious.…
Midweek Macro – 9.16.2020
The more things change, the more they stay the same. The top three stories in the financial markets this morning should be quite familiar at this point, and today brings not conclusions, but more questions. Federal Reserve Response to COVID-19…
Midweek Macro – 6.17.2020
The first headline I read this morning was “Stocks pare gains on second wave fears” while the second read “Stocks rally on COVID recovery optimism.” – as they say in Germany, klar wie Kloßbrühe! S&P futures show the market for…
Midweek Macro – 6.10.2020
Happy FEDnesday everyone! Our friends over at the Federal Open Market Committee will conclude their 3rd two-day meeting of 2020 today (the mid-march gathering was cancelled with 5 other unscheduled meetings taking place that month). Investors are not expecting any…
Midweek Macro – 5.28.2020
According to the consumer research firm Nielsen, U.S. sales of mints are down 30% YoY at stores with gum following closely behind down 28%. Don’t worry, there isn’t concern of a wide spread pandemic of bad breath, though, as toothpaste…
Midweek Macro – 5.20.2020
“Asset prices remain vulnerable to significant declines should the pandemic worsen, the economic fallout prove more adverse, or financial system strains re-emerge”-Federal Reserve Bi-Annual Financial Stability Report The S&P500 is down 1% in early trading this morning as vaccine experts…
Midweek Macro – 5.6.2020
Ahead of the Friday release of April’s Jobs report, with markets expecting to see a drop of 22 million jobs, several Federal Reserve speakers have been taking the podium this week to share their wisdom on our economic outlook as…