S&P 500 Index, December 17, 2015 (source: google.com) |
Bond markets discount Fed’s estimates | FT Markets - FT markets editor Michael MacKenzie assesses market reaction to the Federal Reserve’s rate rise. He examines the discounting by bond markets of the Fed’s view on future rates and the possibility of a volatile 2016 if there is a firmer US recovery. Published on Dec 17, 2015
Above: Excerpt from "Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents under their individual assessments of projected appropriate monetary policy, December 2015." Advance release of table 1 of the Summary of Economic Projections released with the FOMC minutes. See the full documents and notes here and below:
Information:
FOMC Meeting Statement:
PDF | HTML (Released December 16, 2015 at 2:00 p.m.)
Projections Materials:
PDF | Accessible Materials
Transcript (205 KB PDF)
PDF | HTML (Released December 16, 2015 at 2:00 p.m.)
Projections Materials:
PDF | Accessible Materials
Transcript (205 KB PDF)
See also on Domain Mondo:
- Milton Berg: Commodities May Sink 20% More, Equities in Bear Market
- FED FOMC Rate Hike, Press Conference Video Replay, Transcript
- Return to Normality? FED Set To Raise Rates for First Time Since 2006
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