US Outlook Report: Economy Dancing to a Different Beat Before Brexit raised the level of global economic uncertainty at the end of June, the U.S. economy was clearly experiencing a growth spurt that has largely laid to rest investors’ concerns since the start of the year about an impending U.S. recession – even with a […]
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US Outlook Report: Housing Market Doing Just Fine A number of indicators will be released next week that will reveal the latest developments in the U.S. housing market. Despite the scary drop in housing starts and permits last month, the upcoming housing data for April should appear more reassuring. The current low interest-rate environment, healthy […]
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US Outlook Report: One Monetary Step Too Far We have become quite accustomed to financial crises over the past decade: the sub-prime crisis, the housing bubble collapse, the European sovereign debt crisis, Grexit, the oil crisis, and the list continues to grow. Global central banks have largely fought these financial crises with extraordinary monetary policies, […]
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US Outlook Report: 2016 Comes in Like a Lion It’s the New Year’s hangover that never ends. Granted we are only about a week into the New Year, but so far it’s been a doozy. China’s Shanghai stock market plunged 7.0 percent twice this week after tripping new circuit breakers designed to staunch market panic, […]
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US Outlook Report: FOMC Signals a Return to Normalcy Citing considerable improvement in labor market conditions – specifically job gains, declining unemployment, and diminished underutilization of labor resources – the FOMC went ahead with its first interest rate hike in more than nine years. The move raises the Fed funds target rate to 25 to […]
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- News
- by BPC Staff
- onDecember 16, 2015
- 0 Comments
Instant Analysis of Today’s December FOMC Decision The Fed Successfully Delivered a Dovish FOMC Statement and a Rate Hike Today FOMC raised the target range on the Fed Funds target rate to 25 to 50 basis points Fed Dot Plot Median Still pointing to four quarter-point rate hikes in 2016 Central tendency of the Fed […]
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