Following the June Federal Open Market Committee meeting, Claudia Sahm and Randy Quarles join OMFIF’s Mark Sobel to discuss the policy outcomes and outlook for US monetary policy.
The meeting assesses the implications of the FOMC’s latest guidance for inflation, growth, labour markets and financial conditions, as well as the expected trajectory for interest rates and balance sheet policy. The global ramifications of US monetary policy, including implications for markets, capital flows and the international economic outlook, are also considered.