Merrill: "Fed to take a breather"

The consensus view is that the Fed will hike two more times this year (probably in June and September), and then announce a changed to the balance sheet policy at the December FOMC meeting (slow down reinvestment). Merrill Lynch economists think that...

Chicago Fed "Slower Economic Growth in March"

From the Chicago Fed: Chicago Fed National Activity Index Points to Slower Economic Growth in March Led by slower growth in employment-related indicators, the Chicago Fed National Activity Index (CFNAI) moved down to +0.08 in March from +0.27 in February. Two of the...