Brief comments on the FOMC Statement and ECI

For the first time in probably 10 years, I had a personal time conflict at the time of the FOMC statement release. Luckily I wasn't worried about a "surprise" ... but the next few meetings could be very interesting (I don't want to miss those releases)! From Tim Duy: FOMC Snoozer The FOMC concluded their meeting today, and the result left Fed watchers struggling to find something interesting to say. ... The FOMC statement provides little new information about the timing or pace of future rates hikes. Even if you believe, as I do, that the first quarter weakness will prove to be largely......(read more)

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