Federal Open Market Committee Archives

US Fed monetary policy: A moving target

International Finance DeskSeptember 26, 2016

by International Finance DeskSeptember 26, 2016

Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...

Yellen ignores growth numbers, pushes tapering

International Finance DeskMay 2, 2014

by International Finance DeskMay 2, 2014

The Federal Reserve under the new chairman reduces stimulus by another 10 bn, brings it down to $45 billion, and says economic activity is picking up, reports Team IFM Washington, May 2: The Janet Yellen-headed US Federal Reserve has decided to continue with predecessor Ben Bernanke’s tapering policy despite unattractive first quarter growth numbers, announcing...

The Most Awaited Decision of The Year

International Finance DeskAugust 22, 2013

by International Finance DeskAugust 22, 2013

The July FOMC meeting minutes would give enough proof whether the Fed will go ahead with the tapering of Q.E 3 by September 2013. 22nd August 2013 If there is one topic discussed among currency strategists, bullion traders, bank chiefs, policy makers, money managers and other financial market participants it is the “Fed Tapering” which...