Week of January 30, 2017

FOMC FAQs: FISCAL or No FISCAl?

KEY TAKEAWAYS:

  • The Fed holds its first of eight FOMC meetings of 2017 this Tuesday and Wednesday, January 31-February 1, 2017.
  • The fed funds futures market is not pricing in a rate hike this week.
  • There is no press conference by Fed Chair Janet Yellen, nor is there a new set of economic forecasts or dot plots at this week's meeting, only a statement.
  • Fiscal policy is unlikely to get a mention in the statement.

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