Market Updates
FOMC Minutes of Meeting
Brian Turner
23 Nov, 2022
New York City
The Federal Reserve policymakers held out for smaller rate hikes but also stressed rates have a way to go.
The statement released by the policymakers showed for the first time a need to review the impact of recent successive rate hikes on the economy and financial markets.
"In determining the pace of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments," the FOMC statement noted.
Markets have increasingly acted in the belief that the rate hike at the next Fed's meeting is likely to be 50 basis points, less than 75 basis points.
Recently several officials from the Federal Reserve have voiced their willingness to consider smaller rate hike but also sent the message that rates are still too low.
Fed funds rates are in the target range of 3.75% and 4.0% and markets are expecting rate range to rise to between 4.75% and 5.0% before the central bank pauses.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|