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FOMC: Hopeful Hawks
The Fed delivered a well-telegraphed 25bp hike, but the rest of the communications were more hawkish with a heavy focus on achieving price stability. Everything else from the FOMC-the dots, the post-meeting statement, balance sheet policy-probably skewed a little more hawkish ...
FOMC: Cometh November!
The Fed strongly hinted that tapering down of asset purchases "may soon be warranted," provided progress toward its inflation and labor market goals continues." Powell was more explicit in his presser that soon could mean the next meeting in November. While ...
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