The FOMC rate decision is this afternoon and I have written a number of comments on what to look for and the potential outcome for the first FOMC announcement of the year. The 2 major things to watch are a) the Fed’s assessment of the economy and b) any dissenters. If the Fed [...]

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Here are the changes on the FOMC statement - as you can see, not much

Posted in FOMC, Fed Rate Cut Expectations, Federal Reserve 2 Comments »

As we speak, the Federal Reserve is convening to discuss monetary policy. No changes are expected to be made but as usual, investors will be combing the FOMC statement carefully for clues on the central bank’s outlook for the U.S. economy. The following table shows how the U.S. economy has changed since the last [...]

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How close is the Federal Reserve to easing monetary policy in November? Pretty close if we look at the views of different FOMC members. However the skepticism of some officials could compromise the overall size of the asset purchase program.
Read on to find out where FOMC voters stand:
Voting Members of the FOMC
Believe More QE [...]

Posted in 2010 dollar forecast, 2010 eurusd forecast, FOMC, Federal Reserve, bernanke support for dollar, fed liquidity dollar, forex blog 1 Comment »

For my Instant Insight to the Fed announcement, read Dollar Sinks of Fed’s Willingness to Do More

FOMC Statement August 10, 2010
Information received since the Federal Open Market Committee met in June indicates that the pace of recovery in output and employment has slowed in recent months. Household spending is increasing gradually, but remains constrained by [...]

Posted in FOMC, Federal Reserve, forex blog 2 Comments »