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: Powell
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 – 4.29.2020
In the current version of normal, almost all meetings have become virtual. The Federal Reserve’s regular assembly of the Federal Open Market Committee is no exception to this phenomenon. Fed Chair Jerome Powell and his fellow interest rate gurus will…