Deadheads, Black-Outs, and the Fed’s Head
The action at next week’s Federal Reserve meeting may not be in the statement or the interest rate decision but in the economic projections.
The Fed is now in its self-imposed black-out period prior to the Federal Open Market Committee (FOMC) meeting next week. This means we will not hear any more from Fed officials, leaving analysts and investors a week to speculate on what the Fed might do. This week is also a relatively quiet one for economic data; so there is not much that is likely to change the views …