FOMC

2024 - 5 - 2

Fed FOMC Meeting: A Rollercoaster of Rate Decisions and Market Reactions

Fed -- Fed meeting -- fomc meeting economy - Federal Reserve - FOMC - inflation - interest rates - Jerome Powell - market dynamics - Fed - Fed meeting - fomc meeting

Discover the latest in FOMC decisions and market reactions in this thrilling rollercoaster ride through the Federal Reserve updates!

The recent Federal Open Market Committee (FOMC) meeting has kept the financial world on edge with its decisions on interest rates and economic outlook. Despite signs of solid economic expansion, the Fed announced no changes to the benchmark interest rates, maintaining a status quo that surprised many investors. Following the statement, MBA's Chief Economist, Mike Fratantoni, provided valuable insights and analysis into the impact of the FOMC decisions. Meanwhile, all eyes were on Fed Chair Jerome Powell as he addressed the public live, explaining the reasons behind the interest rate stability amidst stubborn inflation concerns.

As markets reacted to the FOMC's announcement, currencies and metals experienced significant fluctuations, capturing the attention of traders worldwide. The Fed's strategic move to hold interest rates steady, despite previous hikes, reflected a cautious approach to balancing economic growth with inflation control. Speculation was rife as analysts dissected the implications of the decision, with some pricing in potential Fed easing later in the year, adding an element of uncertainty to future market trends.

In a surprising twist, the Fed revealed plans to slow the balance sheet drawdown, further complicating the economic landscape and signaling a nuanced strategy to address evolving financial challenges. The US Dollar experienced fluctuations in response to Powell's comments, demonstrating the immediate impact of FOMC decisions on global markets. Throughout the rollercoaster of rate decisions and market reactions, the FOMC's role as a key player in shaping monetary policy and economic stability remained evident.

In conclusion, the FOMC's May meeting underscored the delicate balance between inflation concerns and economic growth, highlighting the challenges faced by policymakers in navigating a complex financial landscape. As investors digest the implications of the latest FOMC decisions, the market continues to watch closely for any signals of future adjustments in interest rates and economic policies.

Federal Reserve issues FOMC statement (Federal Reserve)

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has ...

FOMC Commentary from MBA's Mike Fratantoni (Mortgage Bankers Association)

The following is MBA SVP and Chief Economist Mike Fratantoni's commentary following the Federal Reserve's FOMC statement released this afternoon on monetary ...

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Image courtesy of "The Wall Street Journal"

Watch Fed Chair Powell Speak Live After FOMC Keeps Interest ... (The Wall Street Journal)

The Federal Reserve announced today it would keep interest rates unchanged amid stubborn inflation. Fed Chair Jerome Powell will speak shortly thereafter.

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Image courtesy of "Barron's"

Fed Meeting Today: FOMD Holds Interest Rates; Says Inflation ... (Barron's)

The Federal Reserve's policy committee made no changes to the current benchmark interest rate today, holding steady even after acknowledging progress on ...

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Image courtesy of "USA TODAY"

Fed holds interest rates steady, gives no sign it will cut soon as ... (USA TODAY)

Since March 2022, the central bank has hiked the federal funds rate 11 timesfrom near zero to corral inflation but has left the rate unchanged since last July.

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Image courtesy of "FXStreet"

It's a FOMC day, big deal? (FXStreet)

Currencies and metals get whacked again on Tuesday! Danielle Di Martino Booth visits the Pfennig today.

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Image courtesy of "Financial Express"

US Fed Rate Decision Live Updates: All eyes on FOMC meeting and ... (Financial Express)

Fed Chair Jerome Powell will announce the decision to cut or raise interest rates, or to maintain the status quo, on May 1 at 2 p.m. ET. The FOMC meeting is in ...

What's priced in for the FOMC ahead of today's decision (ForexLive)

The market is currently priced for 30 bps of Fed easing this year, with the November meeting priced at about 80%. Of course, there are tail risks priced in ...

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Image courtesy of "Livemint"

US Fed Meeting Outcome LIVE Updates: Powell-led FOMC holds ... (Livemint)

US Fed Meeting Outcome LIVE Updates: Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting.

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Image courtesy of "Reuters"

FOMC holds rates in place and will slow balance sheet drawdown (Reuters)

The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, ...

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Image courtesy of "City Index"

FOMC Meeting Recap: US Dollar (DXY) Drops as Powell Feeds the ... (City Index)

The US dollar initially fell and indices rose as traders interpreted the Fed meeting and press conference as dovish.

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Image courtesy of "FXStreet"

May FOMC: Stalling in inflation leaves FOMC stalling for time (FXStreet)

As was widely expected, the FOMC left the fed funds target range unchanged at 5.25%-5.50% at the conclusion of its May meeting.

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Image courtesy of "Bloomberg"

Powell Says Election Plays No Role in Rate-Move Timing (Bloomberg)

Here are five key takeaways from the FOMC interest rate decision and Federal Reserve Chair Jerome Powell's press conference on Wendesday: The FOMC kept rates ...

FOMC decision: Interest rates unchanged, Fed cites lack of further ... (ForexLive)

Prior was 5.25-5.50%; QT pace $25 billion vs $60 billion ($30 billion was expected); Economic activity described as 'continued to expand at a solid pace' vs ...

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Image courtesy of "FXStreet"

FOMC statement: Not bringing in any major surprise (FXStreet)

S&P 500 withstood strong ADP employment change, overlooking soft landing incompatibility and focusing on the no stagflation angle as that was what helped ...

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Image courtesy of "FXStreet"

FOMC in the rear-view mirror – NFP eyed (FXStreet)

The update from May's FOMC rate announcement proved more dovish than expected, which naturally weighed on the US dollar (sending the DXY to lows of 105.44) ...

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Image courtesy of "GlobalCapital"

FOMC 'mixed bag' leaves questions for SSAs (GlobalCapital)

The US Federal Reserve left its target rate unchanged at 5.25%-5.5%, while inflation “remains elevated”, at Wednesday's Federal Open Market Committee meeting.

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