US Fed Watch Fed's forward guidance could change again The Fed will continue to trim its asset purchases at the upcoming FOMC meeting, which concludes on the 17 th September. There is the possibility that it could also tweak its forward guidance and/or... 10th September 2014 · 1 min read
US Fed Watch Drifting towards a change in view on slack With no new economic projections due and nopress conference scheduled, the FOMC policymeeting that ends on Wednesday 30th should be aquiet affair with the only major development beinga further... 23rd July 2014 · 1 min read
US Fed Watch New projections may signal chance of earlier rate hike While the Fed is unlikely to alter its tapering plans or the main message of its forward guidance at the FOMC meeting due to conclude on Wednesday 18th June, its new economic projections may prompt... 11th June 2014 · 1 min read
US Fed Watch Short-handed Fed sticking to the tapering plan The two-day FOMC meeting that concludes next Wednesday (30th April) is likely to be a quiet affair for two reasons: The Fed made key changes to its forward guidance at the last meeting in mid-March... 23rd April 2014 · 1 min read
US Fed Watch Fed to revamp its forward guidance At the policy meeting due to end on Wednesday 19th March, the Fed will almost certainly reduce the size of its monthly asset purchases by a further $10bn, to $55bn, and will probably abandon the 6.5%... 12th March 2014 · 1 min read
US Fed Watch Fed to continue with QE taper Despite the modest 74,000 increase in payroll employment in December, we expect the Fed to stick to its existing plans and reduce the monthly asset purchases by a further $10bn, to $65bn, at the... 22nd January 2014 · 1 min read
US Fed Watch Odds just favour a QE taper this month We suspect that the renewed strength of employment growth in the past few months will be just enough to persuade the Fed to begin tapering its monthly asset purchases at next week's two-day FOMC... 11th December 2013 · 1 min read
US Fed Watch QEternity? The two-week government shutdown means that the Fed is almost certain to leave the pace of its monthly asset purchases unchanged at its two-day FOMC meeting, which concludes on 30th October. The... 24th October 2013 · 1 min read
US Fed Watch Ahead of the taper The markets are obsessing about whether the Fed will begin to reduce its monthly asset purchases at the upcoming two-day FOMC meeting, which concludes next Wednesday (18th September). All things... 10th September 2013 · 1 min read
US Fed Watch Fed not quite ready to begin QE tapering There is only a remote chance that the Fed will make any major changes at the upcoming two-day FOMC meeting, which concludes next Wednesday (31st July), waiting instead until September to begin... 24th July 2013 · 1 min read
US Fed Watch Ahead of the taper We don't expect the Fed to begin curbing its asset purchases from the current pace of $85bn per month at the upcoming FOMC meeting, which concludes next Wednesday (19th June). The economic data simply... 12th June 2013 · 1 min read
US Fed Watch Weaker data mean the Fed is unlikely to curb QE3 yet The deterioration in the incoming economic data for March will, at least temporarily, prevent the Fed from slowing the pace of its monthly asset purchases. We anticipate that the Fed will stand pat at... 24th April 2013 · 1 min read
US Fed Watch Fed unlikely to taper QE3 soon We don’t expect that the recent improvement in labour market conditions and growing concerns over the costs of ultra-loose monetary policy will prompt the Fed to reduce the size of its monthly asset... 13th March 2013 · 1 min read
US Fed Watch Fed still looking for substantial improvement in labour market The first FOMC meeting of the New Year, which concludes next Wednesday (30th January), is unlikely to bring any major changes coming, as it does, only six weeks after the Fed expanded its large-scale... 23rd January 2013 · 1 min read
US Fed Watch Fed likely to replace twist with more QE It looks like the Fed will replace its expiring Operation Twist with an expansion of the assets it is purchasing under the QE3 programme. We expect that the Fed will use next week's two-day FOMC... 4th December 2012 · 1 min read
US Fed Watch Fed unlikely to rock the boat again so soon After the launch of QE3 and the strengthening of its forward-looking guidance at the last meeting in mid-September, we don't anticipate any major changes from the Fed at next week's two-day FOMC... 18th October 2012 · 1 min read