Fiscal Policy

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And the Winner Is... the Fiscal Status Quo

FMI’s commentary on the likely impact, or lack thereof, of the presidential election on fiscal policy.

Federal Spending Up in ‘16; S&L Provides Bigger GDP Boost

FMI's commentary on federal and state & local fiscal policy.

State & Local Outlook Continues to Firm Near-Term

FMI’s commentary on the key fiscal debates in 2015.

FOMC Now ‘Patient’ -- 1st Rate Hike Still Likely Mid-2015

FMI’s commentary on today’s FOMC post-meeting statement, updated quarterly forecasts and Yellen news conference..

Fed Officials Hint ‘Considerable Time’ Rhetoric Ends Next Week

FMI’s commentary on today’s WSJ story and signs that the FOMC is preparing drop its pledge to delay hiking rates for a “considerable time” pledge.

FY2014 Federal Deficit Improvement Will Be Short-Lived

FMI’s commentary on FY2014 federal budget results.

Japan GDP Revisions Called "Horrendous"

Consensus forecasts for japan GDP for FY2014 downgraded to 0.4% from 1%.