FOMC made rate decisions for the US, while a symposium was held in a US city where Michael Waugh advised on the economy on behalf of the Federal Reserve Bank.
3 reports, 3 independent
Updated Oct 7
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What happened
FOMC made rate decisions for the US, while a symposium was held in a US city where Michael Waugh advised on the economy on behalf of the Federal Reserve Bank.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Federal Open Market Committee
committee of the United States Federal Reserve
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Federal Reserve Bank
regional bank of the U.S. Federal Reserve System
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Kansas City
city in Missouri, United States, that is one of two county seats of Jackson County and the largest city in Missouri
Related events
- The FED operates through FOMC policy meetings, which influence U.S. fixed income markets, specifically U.S. Treasury market movements.
- The FOMC is expected to raise interest rates, leading to hawkish remarks from the Fed chair and subsequent stock declines.
- Chris Hodge provided analysis regarding current Federal Reserve policy decisions, noting that the FOMC is a component of the FED.
- Austan Goolsbee, President of the Chicago Fed, expressed concern over price pressures and regional costs in the Midwest.
- The article discusses the structure of the FED, which includes the FOMC, Gordon advising on real estate finance issues, and Congress setting goals of stable prices and maximum employment.