Release Date: June 17, 2015: “Information received since the Federal Open Market Committee met in April suggests that economic activity has been expanding moderately after having changed little during the first quarter. The pace of job gains picked up while the unemployment rate remained steady. On balance, a range of labor market indicators suggests that… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Search Results for: FOMC
Federal Reserve issues FOMC statement April 29 2015
News release: “Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains moderated, and the unemployment rate remained steady. A range of labor market indicators suggests that underutilization of labor resources was little changed. Growth… Continue Reading
Federal Reserve Board and Federal Open Market Committee release economic projections from the March 17-18 FOMC meeting
Release Date: March 18, 2015 – “Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. A range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household… Continue Reading
Hawks and Doves at the FOMC
Eijffinger, Sylvester C. W. and Mahieu, Ronald and Raes, Louis, Hawks and Doves at the FOMC (February 2015). CEPR Discussion Paper No. DP10442. Available for download at SSRN: http://ssrn.com/abstract=2569271 “In this paper we estimate ideal points of Bank Presidents and Board Governors at the FOMC. We use stated preferences from FOMC transcipts and estimate a… Continue Reading
Federal Reserve issues FOMC statement Jan 28 2015
News release: ” Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues… Continue Reading
Federal Reserve issues FOMC statement
December 17, 2014: “Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding at a moderate pace. Labor market conditions improved further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish.… Continue Reading
Federal Reserve issues FOMC statement – October 2014
“Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing. Household spending… Continue Reading
Federal Reserve issues FOMC statement
“Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. On balance, labor market conditions improved somewhat further; however, the unemployment rate is little changed and a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears… Continue Reading
Federal Reserve issues FOMC statement
“On July 30, 2014, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to purchase additional agency mortgage-backed securities (MBS) at a pace of about $10 billion per month and longer-term Treasury securities at a pace of about $15 billion per month,… Continue Reading
Federal Reserve issues FOMC statement
News release, july 18, 2014 – “Information received since the Federal Open Market Committee met in April indicates that growth in economic activity has rebounded in recent months. Labor market indicators generally showed further improvement. The unemployment rate, though lower, remains elevated. Household spending appears to be rising moderately and business fixed investment resumed its… Continue Reading
Federal Reserve issues FOMC statement
News release: “Information received since the Federal Open Market Committee met in January indicates that growth in economic activity slowed during the winter months, in part reflecting adverse weather conditions. Labor market indicators were mixed but on balance showed further improvement. The unemployment rate, however, remains elevated. Household spending and business fixed investment continued to… Continue Reading
Federal Reserve issues FOMC statement
News release: “Information received since the Federal Open Market Committee met in December indicates that growth in economic activity picked up in recent quarters. Labor market indicators were mixed but on balance showed further improvement. The unemployment rate declined but remains elevated. Household spending and business fixed investment advanced more quickly in recent months, while… Continue Reading
