FOMC's Latest Statement

​Barb, I appreciate the dynamics of interpreting these actions and statements that Alan identifies.  I think he raises a worthy hypothesis.  However, when I look at the FOMC Dot-Plot that is attached and compare the plot positions of the members with the Red Dot which is the effective rate implied by the year-end Fed Fund future price, it seems to me that the market has not over reacted to any hawkish tones.  Source:  http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

------------------------------
Neil Stanley
President of Community Banking
TS Banking Group
Treynor, Iowa
------------------------------
-------------------------------------------
Original Message:
Sent: 06-18-2018 10:45
From: Barb Rehm
Subject: FOMC's Latest Statement

Reading between the lines of the FOMC's latest statement, former Fed Vice Chairman Alan Blinder sees signs of debate about how high rates may go reflected in the Committee statement. Read more here.

------------------------------
Barb Rehm
Senior Managing Director
Promontory Interfinancial Network
Arlington VA
------------------------------