Tag
FOMC
3 articles
JPMorgan AM: Fed's 9-3 Vote Shows One-and-Done Ceiling, Not Tightening Cycle
The sharpest FOMC dissent in years clusters among rotating bank presidents, not Governors—the structural composition that shapes consensus argues against sustained rate hikes.
Operation Twist Cut MBS Yields 50 Basis Points in September 2011
The Fed's shift to reinvest agency MBS paydowns into MBS rather than Treasuries drove Ginnie Mae and Fannie Mae current coupon prices up 12 index points on Sept. 21, 2011
Fed Holds at 3.50%-3.75% as September Hike Odds Rise
Core PCE climbed to 3.3 percent by June as WTI crude swung from $57 to $113 — futures now price a hike as early as September.