Economic Commentary
Weekly market snapshot
ECONOMY AND POLICY March 25, 2022 Chief Economist Scott Brown discusses the latest market data. In a speech to the National Association for Business Economics, Fed Chair Powell repeated that “if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at […]
Soft Landings Are Hard
ECONOMY AND POLICY March 25, 2022 Chief Economist Scott Brown discusses current economic conditions. In a speech to the National Association for Business Economics, Fed Chair Powell said that “if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting […]
Weekly market snapshot
ECONOMY AND POLICY March 18, 2022 Chief Economist Scott Brown discusses the latest market data. The conflict in Ukraine remained at the forefront for investors. The Federal Open Market Committee (FOMC) raised rates, but the outlook for further rate hikes is more aggressive. The FOMC raised the target range for the federal funds rate […]
A More Aggressive and More Uncertain Fed Policy Outlook
ECONOMY AND POLICY March 18, 2022 Chief Economist Scott Brown discusses current economic conditions. As was widely anticipated, the Federal Open Market Committee raised the target range for the federal funds rate by 25 basis points (to 0.25-0.50%) and signaled more to come. However, the rate outlook was more aggressive than the markets had […]