The Federal Open Market Committee kicks off Tuesday, a week ahead of the U.S. Presidential Election, with its formal monthly meeting to determine whether the time is right, or not, to raise interest rates.Read More
On Wednesday ADP reported 154K private sector jobs were created in September, marking a 12% month over month dip from August’s revised number of 175K. Read More
With the recent reported economic data offering a hazy outlook on the current state of the U.S. Economy and the U.S. presidential election just two months away, most economists predict that Janet Yellen & CO. will leave interest rates untouched after September’s FOMC meeting.Read More
As one of the last remaining KPI’s before members of the Federal Reserve meet in September, all eyes are on August’s Jobs Report.Read More
Coming of a strong showing in June, Friday’s Employment Report will provide the Fed with pivotal information as it reviews the ever lingering possibility of a rate hike in September. With just over a month on the heels of the Brexit vote, the U.S. market has appeared to come out unscathed. However, some economists feel a sense of ambiguity that the impact will spread to the rest of the EU, and eventually make its way across the pond. Read More
The Federal Open Market Committee (FOMC) will issue its April statement today at 2 PM ET. While FOMC meetings are always newsworthy events, April’s meeting could be one of the least impactful events in quite some time.Read More
On Wednesday afternoon at 2:00 PM EST, the Federal Open Market Committee (FOMC) will make their policy announcement as well as release their forecasts. This will be followed by a press conference at 2:30 PM EST.
Expectations are for the Federal Funds Rate to remain unchanged in the range of .25-.50 percent. Inflation data has been strong lately, but with recent statements highlighting Global concerns it is unlikely the range will be increased. Read More