FOMC

The Fed's policy meeting that will end tomorrow is posing a problem for analysts. The FOMC has to make a decision about when to start winding down the extraordinary stimulus due to the pandemic. This is the frequently mentioned "taper".…

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…

USDCHF tests daily resistance The US dollar carries on its rally as the SNB sticks with ultra-loose policy. Strong momentum above 0.9090 indicates that the directional bias has shifted to the upside as sellers rush to bail out. The…

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…

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…

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…

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…

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…

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…