Federal Reserve (FED)

Fed Chairman Jerome Powell is going to appear in the US Congress. However, it's not going to be one of the usual bi-annual hearings of the Fed Chairman on Capitol Hill. Rather, he will testify in front of the House Select Subcommittee on…
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There are several major interest rate decisions coming up this week. But vaccination rates still aren't high enough to put aside concern about a new surge in covid cases. Moreover, the threat of new variants still remains. So, the…
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Since the end of March, the dollar index has been trending downwards. We can attribute a lot of this to increasing concerns about inflation, as the Biden Administration announced successive spending plans and the economy recovered. At…
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Extraordinary circumstances require extraordinary measures, so the usual projections for what the Fed will do might not hold up. The post-covid situation isn't like other post-recession scenarios. Therefore, many models that analysts use…
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The last meeting of the Fed wasn't much of a market shocker. However, a lot has changed since then. Investors might be interested in scrutinizing the comments made by Fed officials at the meeting to see how they hold up in the current…
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Fed Chairman Jerome Powell is in a somewhat difficult position. This is likely to be expressed in the statement from the FOMC policy meeting and the subsequent press conference. There is a reason that he's been making public statements…
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Normally, traders pay close attention to the release of the FOMC's minutes to see where the future rate policy might be going. However, the situation might be slightly different this time around. Job creation numbers have far exceeded…
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A lot has happened since the FOMC last met in late January. Back then, we still didn't have the return in jobs numbers. There were still press reports of covid vaccine hiccups, and we still weren't sure that Jan 7 was the actual peak in…
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The dollar has been trending to the downside, particularly since the new covid vaccines have been announced. As the economy recovers, one typically does expect safe havens like the US dollar to depreciate a bit. But there are several…
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Dollar Bounces Higher The dollar index rose by a further 0.22% yesterday as it flirted with the 91 handle, its highest level in over a week. Retail sales for January rose 5.3% on a month-over-month basis versus expectations of 1.1%.…
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