Latest News

Beckner: Not Yet Time For FOMC To Take More Aggressive Stance

14^th March 2018 By Steven K. Beckner U.S. monetary policy is transitioning, but at this stage the interest rate outlook is neither as slow and gradualist as it once was nor as rapid and aggressive as some fear it will become. Federal Reserve policymakers...

ECB Draghi’s Hand Likely Steady At The Helm This Week

6^th March 2018 By David Barwick (FRANKFURT) - If little else, the press conference following Thursday’s policy meeting of the European Central Bank’s Governing Council seems likely to confirm that “early” is relative and in particular that the early...

Beckner: Powell's Latest Testimony Reinforces Message of Monetary Gradualism

1^st March 2018 By Steven K. Beckner Financial markets had an unjustifiably sour reaction to Federal Reserve Chairman Jerome Powell's first day of Congressional testimony Tuesday, interpreting his comments before the House Financial Services Committee...

Beckner: Upbeat Powell Opens Door To, Doesn't Threaten Faster Tightening

27th February 2018 By Steven K. Beckner        Increased optimism about the economic outlook could eventually lead to more aggressive monetary tightening by the Federal Reserve, but that judgment has not come to full fruition. So far the Fed consensus...

Beckner: FOMC Minutes, Current Comments Reinforce Gradual Rate Hike Message

21^st February 2018 By Steven K. Beckner Minutes of the Jan. 30-31 Federal Open Market Committee meeting show the Federal Reserve policymaking body plans on raising interest rates, but not as aggressively as some had feared. This should have come as...

ECB’s Vasiliauskas: Slightly More Optimistic, But Must Remain Cautious

21^st February 2018 By David Barwick VILNIUS – Although there is reason to be somewhat more optimistic about the economic outlook the euro area is currently looking forward to, the European Central Bank needs to proceed with great caution, sticking to...

Beckner: Market-Rattling CPI Neither Deters Nor Escalates Fed Rate Hikes

^14th February 2018

Beckner: Fed Policymakers On Course For March Rate Hike Despite Market Plunge

^9th February 2018

Beckner: Shifting Economic, Financial Conditions Could Change Fed Calculations

5^th February 2018

Beckner: FOMC Stays On Hold But Sets Stage For Higher Interest Rates

31st January 2018

Beckner: FOMC To Reassess Outlook, Review Monetary Policy Framework

26th January 2018

Beckner: Lindsey, Williams Would Bring Monetary Expertise to Fed Vice Chairmanship

22nd January 2018

Beckner: Beige Book Hints More Signs Inflation Picking Up

17th January 2018

Beckner: Fed Must Watch Bank Credit, Adjust Rates As Needed If Demand Grows

17th January 2018

Beckner: At Long Last, the Fed Getting the Increased Inflation It's Wanted

12th January 2018

Beckner: FOMC Opens Door To More Aggressive Tightening As Tax Cuts Loom

13th December 2017

Beckner: Goodfriend Will Provide Much-Needed Monetary Economic Expertise

30th November 2017

Beckner: Powell Handles Confirmation Hearing Very Well

28th November 2017

Beckner: FOMC Minutes to Show Split on Rates, Consensus on Balance Sheet

Beckner: FOMC Minutes May Show Just How Much Of a Split There Is On Inflation

- Watch For Signals On Timing of Third Rate Hike, Reinvestment Tapering - Also Look For Level of Concern About Financial Conditions