Markets will soon be asking: When will the
Fed raise rates? What measures of inflation,
employment, and other economic indicators
will the Fed be watching most closely? How
fast will rates rise once rate hikes begin?
We expect the FOMC to revamp its overly
complex statement beginning at this week’s
We continue to expect the FOMC to taper
quantitative easing by $10 billion at each
FOMC meeting this year.