The Market Has Correctly Called Each Fed Rate Decision since 2010

The Market Has Correctly Called Each Fed Rate Decision since 2010 And since 1994, seven days before a FOMC meeting, the market has been accurate 95% of the time. You may also like “The Fed Funds Market Is Rarely Wrong About the Next FOMC Meeting.” Image: Deutsche Bank

The U.S. Unemployment Rate Is Historically Low

The U.S. Unemployment Rate Is Historically Low But the FOMC projection suggests that the unemployment rate cannot improve indefinitely. Image: Federal Reserve Bank of Richmond

What About the Predictive Power of the Fed?

What About the Predictive Power of the Fed? As former Fed policymaker Narayana Kocherlakota said in 2016: “Don’t rely on FOMC forecasts of future fed funds rates.” Why? Because the economy is often shaken by crises and does not evolve as expected. Image: Hedgeye Risk Management LLC