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Federal Reserve meeting and press conference

I should say: that's 2:15 pm EDT.

by james.ledbetter 4/27/2011 3:32:13 PM
The Chicago Mercantile Exchange trades interest rates contracts.
Market participants use it to gauge sentiment on interest rate changes.

by catelong 4/27/2011 3:33:17 PM
At CME Fedwatch there is currently 58% implied probability that there will be NO change in interests announced today. www.cmegroup.com

by catelong 4/27/2011 3:35:01 PM
In January Fed was banking on real GDP growth of 3.7 pct this year and 4.0 pct next. Interesting to see if those figures have changed in light of energy prices, fiscal consolidation, etc.

by jamessaft 4/27/2011 3:38:11 PM
US rates, inflation and unemployment

by catelong 4/27/2011 3:43:54 PM
Reuters is up live for the #Fed FOMC announcement and #Bernanke presser. Comments welcome at bit.ly

by cate_long via twitter 4/27/2011 3:49:15 PM
RT @NewDeal20: RT @klhoughton: Per @rjocean, Fed in 2003 respected as much as CDC; now below IRS. #FutureofFed #heightofMAESTRO

by cate_long via twitter 4/27/2011 3:50:38 PM
Bernanke to go where no Fed chairman has gone before -- the first ever regularly scheduled news conference this afternoon

by Tabassum Zakaria via twitter 4/27/2011 3:52:17 PM
@cate would love to see a link to those public opinion figures.

by james.ledbetter 4/27/2011 3:56:04 PM
GE's Immelt (also Obama advisor) says sees material deflation at firm this year, global economy getting better every day.

by jamessaft 4/27/2011 4:00:09 PM
Sarah Palin tweets "Now, don't let the WH distract you w/the birth crt from what Bernanke says today. Stay focused, eh?"

by Tabassum Zakaria via twitter 4/27/2011 4:03:43 PM
Although Federal Reserve System's presidentially appointed Board of Governors is mandated to have 7 members there are currently only 5 governors serving.

The Senate is delaying confirmation.

www.federalreserve.gov

by catelong 4/27/2011 4:04:12 PM
by catelong 4/27/2011 4:10:00 PM
Modern-day meeting of the Federal Open Market Committee at the Eccles Building, Washington, D.C. Source: Wikipedia

by catelong 4/27/2011 4:10:13 PM
Can i watch it online on my computer?? link?

by oscar 4/27/2011 4:10:37 PM
Oscar: This is the page, the press conference is scheduled for 2:15 EDT.

by james.ledbetter 4/27/2011 4:10:59 PM
ECB president Jean-Claude Trichet has been giving press conferences for years. Here's a video with some media tips that Bernanke can use from Trichet: www.reuters.com

by james.ledbetter 4/27/2011 4:13:12 PM
Bernanke 's Fed-speak tends to be easier to parse than his more cryptic predecessor Alan Greenspan

by Tabassum Zakaria via twitter 4/27/2011 4:13:56 PM
As @markfelsenthal points out Bernanke believes markets function more smoothly when Fed makes intentions crystal clear reut.rs

by Tabassum Zakaria via twitter 4/27/2011 4:16:11 PM
i wanta watch the coverage. How?

by eric 4/27/2011 4:18:10 PM
I really liked the Felsenthal piece. Whether you agree or disagree with Bernanke's policies, there's no question that Bernanke signals his movements and intentions far in advance.

by james.ledbetter 4/27/2011 4:18:28 PM
@Eric: Video coverage on this page will begin at approximately 2:15 pm EDT.

by james.ledbetter 4/27/2011 4:18:50 PM
Pimco sees end of QE2 driving yields higher and Treasury prices lower. bit.ly

by jamessaft 4/27/2011 4:19:39 PM
RT @DMorganReuters: As Fed Chairman Bernanke prepares to speak ... dollar index hits 3-year low tinyurl.com

by Tabassum Zakaria via twitter 4/27/2011 4:24:13 PM
Here is the Onion's (satirical) take on what to expect from Bernanke. onion.com

by jamessaft 4/27/2011 4:30:00 PM
RT @BobBrinker: Fed needs to monetize this web traffic.

by cate_long via twitter 4/27/2011 4:30:46 PM
RT @Reuters: Bernanke seen indicating no haste to tighten policy t.co

by Tabassum Zakaria via twitter 4/27/2011 4:31:30 PM
Haven't seen any report yet on decision.

by james.ledbetter 4/27/2011 4:31:43 PM
@james.ledbetter your post does not display the page/link to the site!!!

by eric 4/27/2011 4:32:06 PM
@Eric: If you can read this, you are on the page where the video will stream. live.reuters.com

by james.ledbetter 4/27/2011 4:32:31 PM
Rate is unchanged.

by james.ledbetter 4/27/2011 4:32:45 PM
Vote was 10-0.

by james.ledbetter 4/27/2011 4:32:51 PM
And no change in QE2.

by james.ledbetter 4/27/2011 4:33:23 PM
Fed says jobless rate remains elevated, measures of underlying inflation continue to be somewhat low

by Tabassum Zakaria via twitter 4/27/2011 4:34:04 PM
by james.ledbetter 4/27/2011 4:35:23 PM
@james.ledbetter Kool!!! got it...appreciate that. I hear the questions will be "un-rehearsed", ie. he won't be prepared. Is that pre-propaganda? or truthful?

by eric 4/27/2011 4:35:58 PM
That chart marks the performance of the S&P500 against quantitative easing. Thanks to Jim Sinclair’s MineSet.

by james.ledbetter 4/27/2011 4:36:46 PM
Eric I'm sure he will prepare for a variety of potential questions but he doesn't know what actual questions will be asked

by toby.zakaria 4/27/2011 4:37:48 PM
It would be really funny if someone posed an off-the-wall question, like what is the price of a gallon of milk, or how much is a weekly pass on the Washington Metro.

by james.ledbetter 4/27/2011 4:39:33 PM
Status quo announcement from the Fed. Will be interesting to see comments re: allowing Fed balance sheets assets to run off and whether they will be replaced with additional open market purchases.

by catelong 4/27/2011 4:41:06 PM
RT @Reuters: Fed signals no rush to change policy t.co

by Tabassum Zakaria via twitter 4/27/2011 4:45:17 PM
Here's a look at some of most significant strides toward greater openness that Fed has taken in recent decades reut.rs

by Tabassum Zakaria via twitter 4/27/2011 4:48:07 PM
FOMC statement: “Increases in the prices of energy and other commodities have pushed up inflation in recent months,” and the Fed expects “these effects to be transitory”. [Very big economic issue]

by catelong 4/27/2011 4:49:05 PM
Transitory = we will look through them and expect them to fall away. No major alarm on inflation yet.

by jamessaft 4/27/2011 4:50:17 PM
FOMC mystery statement: "The Committee continues to anticipate a gradual return to higher levels of resource utilization in a context of price stability." www.federalreserve.gov

by catelong 4/27/2011 4:50:34 PM

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Federal Reserve meeting and press conference

Federal Reserve meeting and press conference

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