Tag Archive for ‘FOMC statement’

FOMC Statement: All Eyes on December

The statement released following the September meeting of the Federal Open Market Committee (FOMC) fell in line with market expectations as the committee chose to keep the federal funds rate unchanged.  The Committee’s assessment of the economy remained positive, leaving a December rate hike very much in play.  In the statement, the Committee continued its upbeat assessment of labor and economic activity…. Read More ›

Federal Open Market Committee (FOMC) December 13 Meeting Statement – Stay The Course, Again

The statement following the Federal Reserve Board’s FOMC meeting on December 13 was largely a rerun of the November meeting. The Fed will continue the current policies including keeping the Fed funds target rate in its 0 to 25 basis point range until at least mid-2013, extending the average maturity of its securities holdings, reinvesting principal payments on agency debt… Read More ›

Federal Open Market Committee (FOMC) November 1-2 Meeting Statement – Stay The Course

The statement following the Federal Reserve Board’s FOMC meeting on November 1-2 contained no surprises, confirming that the monetary policy committee will continue with the current policies for the time being. The target rate for Fed funds will remain at the 0 to 25 basis points range through at least mid-2013; “Operation Twist” will continue, extending the maturity of securities… Read More ›