USD FOMC Statement
It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes;
The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on;
- History
Expected Impact / Date | Description |
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Jun 12, 2024 | |
May 1, 2024 | |
Mar 20, 2024 | |
Jan 31, 2024 | |
Dec 13, 2023 | |
Nov 1, 2023 | |
Sep 20, 2023 | |
Jul 26, 2023 | |
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- USD FOMC Statement News
- From disciplinefunds.com|Jun 14, 2024|2 comments
I am ready to call it. The Fed should cut rates. July would be the right time to start in my opinion. To be clear, I don’t think they will do this. I still think the baseline first cut is November because the next few inflation prints will appear sticky enough for the Fed to keep rates where they are. And the election is too close to the September meeting for them to initiate cuts then. So I still think November is what we’re looking at. But if I were Jerome Powell I would cut in July. Here’s why: If you look at the Roche Recession ...
- From blog.commonwealth.com|Jun 14, 2024
The Federal Open Market Committee (FOMC) met this week and voted unanimously to hold rates steady for the seventh consecutive meeting, leaving its policy range at 5.25 percent to 5.5 percent. This decision was widely anticipated, with futures markets pricing in a near-zero percent chance of a rate cut in the days and weeks leading up to the meeting. As we approach the second half of the year, what contributed to this month’s decision and what are Fed officials forecasting for the remainder of 2024? Fresh Prints May’s inflation data ...
- From pimco.com|Jun 13, 2024
One softer-than-expected monthly inflation reading didn’t stop Federal Reserve officials from delaying the expected start of interest rate cuts. On the same day that core consumer price index (CPI) inflation registered its softest monthly reading in almost three years, the Fed adjusted higher its estimate for where its policy rate would land at year-end. The new median rate projection is 5.1%, implying one 25-basis-point (bp) rate cut in 2024, instead of the three 25-bp cuts estimated in the previous projections back in March. ...
- From youtube.com/cmegroup|Jun 12, 2024
Euro futures traded higher, German inflation was unrevised, U.S. CPI softer than expected, Bob Iaccino has more.
- From cnbc.com|Jun 12, 2024
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year. With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers following their two-day meeting took two rate reductions off the table from the three indicated in March. The committee also signaled that it believes the long-run interest rate is higher than previously indicated. New forecasts released after this week’s two-day meeting indicated slight ...
- From edition.cnn.com|Jun 12, 2024
The Federal Reserve is expected to keep interest rates at a 23-year high for the seventh consecutive meeting on Wednesday and signal that it will cut rates this year fewer times than previously thought. Investors and other market observers will be paying close attention to Fed officials’ latest economic forecasts — known as the “dot plot.” Economists are widely expecting officials to pencil in one or two rate cuts this year, instead of the three they forecast in March. Their projections for inflation will also be an important clue ...
- From cnbc.com|Jun 11, 2024|2 comments
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors will hear about the path of inflation and the manner in which the Federal Reserve plans to react. In a one-two punch that starts in the morning with the pivotal consumer price index reading for May and ends with the Fed’s policy meeting in the afternoon, vital signals will be sent about the direction of the economy and whether policymakers can soon take their foot off the brake. The day “packs months of macro risk into one day,” ...
- From think.ing.com|Jun 10, 2024|1 comment
The US Federal Reserve will keep interest rates unchanged at 5.25-5.5% on Wednesday and will indicate that September is the earliest opportunity to seriously consider an interest rate cut. The main focus will be their updated dot plot, which outlines the individual members’ views on the path for interest rates. In March, they signalled that three rate cuts for the year remained their central view, with three further cuts in 2025. There had been a sense they could have instead opted for just two rate cuts in 2024 in the wake of two ...
Upcoming release on Jul 31, 2024 |
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Released on Jun 12, 2024 |
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