- The Fed holds its first of eight FOMC meetings of 2017 on January 31 – February 1, 2017.
- The fed funds futures market is not pricing in a rate hike this week.
WEEKLY ECONOMIC UPDATE
FEDERAL RESERVE SENDS A DOVISH SIGNAL
The Federal Open Market Committee voted 9-1 to leave interest rates unchanged last week, and it also scaled back its rate hike expectations for 2016. The central bank’s latest dot-plot projects …