Recent Updates
- US: Consumer Confidence (Sep), Case-Shiller HPI (Jul), Adv Trade & Inventories (Aug), IIP (Q2)
- Qatar: PPI (Aug)
- Albania: New Loans, Monetary Aggregates, Central Bank Survey, Monetary Survey (Aug)
- more updates...
Economy in Brief
U.S. Goods Trade Deficit Continues to Deepen in August
The advance estimate of the U.S. trade deficit in goods widened to $82.94 billion last month...
U.S. Energy Prices Were Mixed
Regular gasoline prices were unchanged at $2.17 per gallon (-17.9% y/y) in the week ended September 28...
EU Indexes Continue to Claw Their Way Back with Speed But from the Depths
This month the EU indexes for the EMU area rose to 91.1 from 87.5...
Texas Factory Sector Activity Picks Up As COVID-19 Cases Decline
The Dallas Fed reported in its Texas Manufacturing Outlook Survey that the General Business Activity Index increased to 13.6% during September...
Finland's Sector Confidence Indicators Waffle
Finland's EK sector survey shows a great deal of lingering weakness in Finland...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller July 26, 2017
At today's meeting of the Federal Open Market Committee, the targeted federal funds rate was held steady in a range of 1.00% to 1.25%. This followed two increases earlier this year.
Additionally, the Fed indicated that shrinking its bondholdings would begin "relatively soon."
The Fed expects moderate economic growth to continue and that inflation would stabilize near its two percent objective.
The press release for today's FOMC meeting can be found here.
Haver's SURVEYS database contains the economic projections from the Federal Reserve Board.
| Current | Last | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|
| Federal Funds Rate Target | 1.00%-1.25% | 1.00%-1.25% | 0.40% | 0.13% | 0.09% | 0.11% |
