Instant Analysis: October FOMC minutes

Scott Anderson
Chief Economist
Federal Reserve

Key observations: October FOMC minutes were not dovish enough for markets. Solid jobs reports could trigger tapering announcement in January. The minutes of the October FOMC meeting were not dovish enough for the markets to sustain their recent rally. Both stock and bonds sold off in the afternoon following the release of the minutes. The […]

Read More ›

U.S. Outlook: A stronger October if you believe the PMIs

Scott Anderson
Chief Economist
jobs_numbers_110813

October’s Purchasing Manager Indexes (PMIs) and employment report are two big factors in the economy right now, and I discuss their influences in this week’s U.S. Outlook report. Below is a brief summary followed by a link to the full report, delivered on Nov. 8, 2013. Key observations: U.S. economic momentum may have outweighed the […]

Read More ›

U.S. Outlook: The pause that refreshes?

Scott Anderson
Chief Economist
mortgage_rate_110113

In this week’s U.S. Outlook report, I consider the Fed’s continuing asset purchases and what it could mean for your finances. Below is a brief summary followed by a link to the full report, delivered on Nov. 1, 2013. Key observations: Since September Fed meeting, mortgage rates have dropped by about a half a percentage […]

Read More ›

U.S. Outlook: What the employment report is telling us

Scott Anderson
Chief Economist
Graph of the unemployment rate.

My main focus in this week’s U.S. Outlook is the September employment report and what it could mean for our country’s economic future. Below is a brief summary followed by a link to the full report, delivered on Oct. 25, 2013. Key observations: There was little to cheer about in September’s jobs numbers, and there […]

Read More ›