The Federal Reserve released two blank formats on Friday; first, a chart that graphically displays the projections for the timing of the intial increase in the target federal funds rate, and second, a chart that displays the individual member projections. This is part of the Fed's continuing moves towards increased transparency.
On Wednesday afternoon, the charts will be released for the first time, creating a new chapter in Fed history. This new release of information is a potential market mover; the dollar, bond markets and equities should all react to the information. Here's the link to the Fed to review the new format ahead of Wednesday's release:
http://www.federalreserve.gov/newsevents/press/monetary/20120120a.htm
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.