Want to create an interactive transcript for this episode?
Podcast: All into Account
Episode: All into Account: ‘FOMC Takeaways’ with Mike Feroli, Chief US Economist
Description: Speakers:
Thomas Salopek, Global Cross Asset Strategy
Michael Feroli, Chief US Economist
Â
The big news at the FOMC was the upward revision of the ’24 and ’25 dots, although Powell’s message seemed less hawkish. Our views haven’t changed, i.e. we’ve seen peak funds and policy will be on hold until  around 3rd quarter of next year. We discuss how Fed will proceed in the event of a government shutdown, as well the signaling power of the yield curve.
Â
Â
This podcast was recorded on Sep. 20, 2023.<...