Our quarterly Inflation Report sets out the economic analysis and inflation projections that the Monetary Policy Committee uses to make its interest rate decisions.
U.S. futures are currently pointing to a flat open on Wednesday as we await the latest economic projections from the Federal Reserve, which is likely to come alongside the first rate hike of 2018.
There is a huge sense of anticipation across financial markets today, as investors brace for Federal Reserve Chairman Jerome Powell’s first congressional testimony later in the day.
U.S. stock index futures pointed to a subdued open on the financial market as investors bided time ahead of an all-but-certain interest rate hike by the Federal Reserve.
Federal Reserve Chair Janet Yellen goes to Congress on Tuesday for the first time since Republicans took control of the White House and both houses of the legislature with less clarity on the direction of U.S. economic policy than at any time of her three-year tenure.
Politics, economics and finance have all been turned on their head in 2016, and investors are already looking ahead to 2017 with anticipation and trepidation.
