• Powell: Fed Will Have Press Conference After Every Fomc Meeting From January

Market news

14 June 2018

Powell: Fed Will Have Press Conference After Every Fomc Meeting From January

  • Fomc Will Still Produce Economic Projections Each Quarter

  • Economic Growth Appears To Have Picked Up In Current Quarter On Household Spending

  • History Has Shown Moving Rates Too Quickly Or Slowly Can Lead To Bad Economic Outcomes

  • Changes To Fomc Statement Don't Reflect Any Change In Policy Views

  • Do Not Want To Declare Victory On Below-target Inflation

  • Wouldn't Say Anything Has Happened Since March To Change Thinking On Inflation

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