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Economic
Research
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29 October 2015
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US
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Economic
Highlights
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The
Federal Open Market Committee’s (FOMC) decision to maintain the target range
for the federal funds rate at the conclusion of the October 27-28 meeting was
overwhelmingly expected. And Lacker’s successive dissent, in light of his
voting record and views on policy, was also unsurprising. Generally, the
speculation at this meeting was exclusively on the details and tone of the
post-meeting statement. Broadly, our main takeaway from the October statement
is that the FOMC, by shifting the forward guidance and perking up the
economic assessment on balance, is seeking to leave the window ajar for
potential liftoff at the next meeting in December.
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To access our recent
reports please click on the links below:
20 Oct 2015: Our
Outlook & Assumptions in Brief
16 Oct 2015: Black
Holes & Term Premiums
05 Oct 2015: Jobs
& Liftoff: Another Angle?
02 Oct 2015: Spotlighting
Financial Conditions
18 Sept 2015: Fuzzy,
Hazy & Potentially Costly
08 Sept 2015: Debating
and Rationalizing Liftoff
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Thursday, October 29, 2015
RHB | US | Let the December Debate Begin…
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