Category Archives: FOMC

FOMC Minutes: A Prescient Fed, For Once

Matt Weller

“There are decades where nothing happens; and there are weeks where decades happen.”
– Vladamir Lenin

The Federal Reserve’s June monetary policy meeting was only three weeks ago, but in today’s fast-paced markets, it feels like it was at least a decade ago for short-term. If you recall, the US central bank shifted its interest rate expectations (the so-called “dot chart”) lower, but the median Fed official still expected two interest rate increases this year, likely in September and December. more…