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FOMC: One Rate Hike Still Coming This Year, Two in 2017

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

August Housing Starts Disappoint a Bit But Trends Stay Positive

FMI’s analyses of today’s August Housing Starts report plus notes on the September Philadelphia Fed regional non-manufacturing survey.

FMI Weekly Data Preview: September 19-23

FMI’s Preview of this week’s notable economic data releases

Preview of Data Releases: August 29-September 2, 2016

FMI's preview of the rest of this week’s major data releases.

Nearly Half the FOMC Wants to Raise Rates in September

FMI’s Commentary on the today’s Minutes of the Fed’s recent discount rate meetings.

FOMC Turns Bit More Hawkish, But Still Waiting on Data

FMI’s Commentary on today’s quite revealing Minutes of the July FOMC meeting.

Chances for a September Rate Hike Now Higher (Far from Sure Thing)

FMI’s commentary on today’s FOMC post-meeting statement.

Growing Number of Fed Banks Lobby for Rate Hikes

At their June meeting, FOMC members, hawks and doves alike, seemed to be in full retreat. In the “dot plot,” every member scaled back their expected future increases in the funds target in the near-, medium- and long-term. The median number of rate hikes expected in 2016, which went from four in the December 2015 dot plot to 2-3 in March 2016, crumpled to barely two +25BP moves expected in June. Many observers, not to mention the Fed futures market, scoffed at the FOMC’s resolve to do even that.

What Changed the FOMC's Mind in June?

FMI’s Friday Commentary on what changed the FOMC’s mind between the April and June meetings.

FOMC (Barely) Keeps 2 Hikes for ’16, Trims GDP Outlook

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