FOMC
The Federal Open Market Committee (FOMC or Committee), the monetary policy making arm of the Federal Reserve, concluded its 2-day meeting this afternoon, and raised the overnight target lending rate between member banks by 0.25% (25…
This week, the Federal Open Market Committee (FOMC), the policy making arm of the Federal Reserve, met, and didn’t make any substantive changes to current monetary policy. No one was expecting it to do so. However,…
I can’t remember with certainty all the various Literature courses I took in college, but it safe to say it was more than the core curriculum required. In truth, we didn’t have a lot of patsy,…
Everything seemed to be going along so nicely in the markets. Cooler heads had finally prevailed, and the Federal Reserve seemed to be ‘on board’ with the reality of the situation. That is, it appeared the…
This week, the supposed leaders of the world economy are meeting in Davos, Switzerland, at the World Economic Forum 2016. To be sure, it is an august group of politicians, academics, celebrities, and the like. From…
This morning, I read an article about next week’s FOMC (Federal Open Market Committee) meeting, and the importance of semantics. All eyes on Wall Street will be fixated on the Fed’s statement after the meeting, and…