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Tuesday, December 15, 2015

FOMC Preview - Watch the Dollar and Oil

Tim Duy:

The Federal Reserve is set to raise interest rates this week for the first time since 2006.

The final days of the zero interest-rate policy known as ZIRP are upon us; the end is here.

But the end of ZIRP is the beginning of a new chapter of monetary policy. This chapter will tell the story of the Federal Reserve’s efforts to normalize policy, and that particular tale has yet to be written. You can, however, expect Fed Chair Janet Yellen to emphasize “gradually” and “data dependent” as she pens the first few lines of the narrative at this week’s press conference....

Continue reading on Bloomberg...

    Posted by on Tuesday, December 15, 2015 at 09:06 AM in Economics, Fed Watch, Monetary Policy | Permalink  Comments (20)


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