4 Things To Watch For Following The Fed's Meeting Wednesday

Fed officials are meeting today and while experts largely expect the Federal Reserve to hold short-term interest rates steady, it’s not clear how strongly it will signal its intentions for a possible rate hike at the December meeting . Here are four things to watch for following Wednesday's meeting, the Wall Street Journal reports:

1. Signals for December?

After today’s meeting the only guidance we’ll have for future movement will be the official policy statement, so it’s unlikely the Fed will make its intentions for December clear this month. Several Fed officials are opposed to sending any signals in advance at all.

2. How does it view economic health?

In September the Fed said the labor market strengthened, and data since continues to support that trend. At the same time the economy grew at a 2.9% yearly rate in Q3, up from 1.4% in Q2.

3. How risky is its outlook?

Last year the Fed said risks were “nearly balanced” prior to raising rates—if it reuses that language it could be a sign a rate hike is coming in December.

4. Who wants a hike and who doesn’t?

While Cleveland Fed President Loretta Mester, Kansas City Fed President Esther George and Boston Fed President Eric Rosengren all voted to increase rates in September, don’t expect them to vote that way Wednesday. Rosengren has already said he’s happy waiting until December and doesn’t want to add turbulence right before the US presidential election. [WSJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Data Center Demand Has Made IOS An Institutional Capital Playground

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers

Report Finds Hybrid Work Creates New Opportunities For Women In Real Estate

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

Independence Realty Trust To Buy Centerspace, Creating $8.1B REIT

Blackstone Global Head Of Real Estate To Depart Firm

How Prologis Conquered The World

The Number Of Large-Scale Data Centers In U.S. Projected To Triple By 2030

Lawsuit Over Pandemic-Era Eviction Ban Expands To 2,600 Landlords As Feds Eye Settlement

Lululemon Cuts U.S. Expansion Plans, New CEO Takes Helm At Athleisure Staple

What It Takes To Turn A Century-Old Chicago Office Building Into Modern Rentals

On The Fence About A New Fence? Why Perimeter Security Should Be Data Center Priority