Category: US Federal Reserve

Federal Open Market Committee, 21/09/2022 Federal Open Market Committee meeting, US Fed. 20-21/09/2022 FOMC goes for third consecutive 0.75% increase in the Fed Funds Rate. The Fed Funds Rate has now been raised from zero to 3% - 3.25% since the start of the year and it may not be the last increase of 2022. … Continue reading Federal Open Market Committee 21/09/2022

    Federal Open Market Committee, 27/072022 Federal Open Market Committee meeting, US Fed. 26-27/07/2022 FOMC raises the Fed Funds Rate by a further 0.75%.       With US inflation continuing to track upwards, it was inevitable that the Federal Open Market Committee was going to vote for a further increase in the Fed Funds Rate … Continue reading Federal Open Market Committee 27/07/2022

Federal Open Market Committee, 15/06/2022 Federal Open Market Committee meeting, US Fed. 14-15/06/2022 FOMC raises the Fed Funds Rate again – this time by 0.75%.       Any hopes that inflation may have already peaked when the annual increase in consumer prices fell from 8.5% in March to 8.3% in April were dashed when May’s data … Continue reading Federal Open Market Committee 15/06/2022

Federal Open Market Committee, 4/5/2022 Federal Open Market Committee meeting, US Fed. 03-04/05/2022 FOMC increases the Fed Funds Rate by 0.5%. Confronted with consumer price inflation at a 40-year high of 8.5% in the year to March, the FOMC followed up its 0.25% increase in the Fed Funds Rate last March with a further increase, … Continue reading Federal Open Market Committee 4/5/2022

Federal Open Market Committee, 16/03/2022 Federal Open Market Committee meeting, US Fed. 03-04/05/2022 FOMC increases the Fed Funds Rate by 0.5%.       Confronted with consumer price inflation at a 40-year high of 8.5% in the year to March, the FOMC followed up its 0.25% increase in the Fed Funds Rate last March with a further … Continue reading Federal Open Market Committee 16/03/2022

Federal Open Market Committee, 26/01/2022 Federal Open Market Committee meeting, US Fed. 25-26/01/2022 Fed Funds Rate likely to rise, but not yet.       US consumer price inflation rose to 7% in the year to December, the highest value since June 1982. This figure was weighing heavily on the minds of the FOMC during its meeting … Continue reading Federal Open Market Committee 26/01/2022

Federal Open Market Committee, 15/12/2021 Federal Open Market Committee meeting, US Fed. 14-15/12/2021 Fed increases the taper, but is it enough?      Since the last FOMC meeting, US consumer price inflation has risen further, rising to 6.8% in the year to December, the highest value since June 1982. The Fed has insisted for much of … Continue reading Federal Open Market Committee 15/12/2021

Federal Open Market Committee, 4/11/2021 Federal Open Market Committee meeting, US Fed. 3-4/11/2021 Fed finally announces its tapering programme     After hinting strongly at its previous meeting in September that a “tapering” of asset purchases may not be too far away, the Federal Reserve’s Open Market Committee provided some further details after its meeting on … Continue reading Federal Open Market Committee 4/11/2021

Federal Open Market Committee, 22/09/2021 Federal Open Market Committee meeting, US Fed. 21-22/9/2021 Fed signals that tapering will begin shortly     “The Committee judges that a moderation in the pace of asset purchases may soon be warranted.” This statement was issued after the most recent meeting of the Federal Reserve’s Open Markets Committee on 21st … Continue reading Federal Open Market Committee 22/09/2021

Federal Open Market Committee, 29/07/2021 Federal Open Markets Committee meeting, US Fed. 28-29/7/2021 Fed remains in denial about inflation     After reaching 5% in the year to May, consumer price inflation in the USA rose further to 5.4% a month later, the highest reading since August 2008. Producer prices rose higher still, reaching 7.3% over … Continue reading Federal Open Market Committee 29/07/2021