FOMC December 2018 Press Release Language Change

The December 18-19, 2018, FOMC meeting adjourned with the widely anticipated 25bp rate increase (the 9th since December 2016). The FOMC reflected on the continuing strength of the labor economy, the...


FOMC November 2018 Press Release Language Change

The November 7-8, 2018, FOMC meeting adjourned with no rate action. The FOMC reflected on the continuing strength of the labor economy, the declining unemployment rate and strength in consumer...


FOMC September 2018 Press Release Language Change

The September 26, 2018, FOMC meeting adjourned with the expected 25bp interest rate hike. The FOMC confirms the strength in the U.S. economy as so reflected by the inter-meeting data. It is notable...


FOMC August 2018 Press Release Language Change

The August 1, 2018, FOMC meeting adjourned with no surprises. The FOMC recognizes the continuing and growing economy with a strong labor market and core and headline inflation remain near 2 percent....


BOJ Press Conference July 31st – Committed to Stay The Course and be Flexible

Bank of Japan Policy Board Press Release July 31, 2018 – STAY THE COURSE https://www.boj.or.jp/en/announcements/release_2018/k180731a.pdf In its press release for the Bank of Japan Monetary...


ECB Press Conference July 26th - What has changed?

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ECB Press Conference June 14th - What has changed?

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State of the Unemployed Union

Economists spend a lot of time thinking about the U.S. unemployment rate, the slack in the labor market and the persistently low productivity.  For the Federal Reserve, one of the dual mandates is to...


ECB Press Conference July 20th - What has changed?

Summary Economic expansion strengthening (unchanged) and broadening (changed) Private consumption continues to be supported by employment gains and household wealth (unchanged) Risk to growth outlook...


ECB Press Conference June 8th - What has changed?

Summary • Expects to maintain the current interest rate levels and not lower (changed) • Continue current low interest rates for an extended period of time and well pass the horizon for asset...