The Alan Blinder Economic Outlook

Following each meeting of the Federal Reserve’s Federal Open Market Committee (FOMC), Promontory Interfinancial Network co-founder, former vice-chair of the Fed, and Princeton economist Alan Blinder provides an analysis of the proceedings and implications for future policy and economic activity.

Alan Blinder Bio Photo (1)December 2016 Economic Outlook

Markets can be funny beasts. When Federal Reserve watchers and traders woke up Wednesday morning, virtually all of them expected the Fed to raise its range for the federal funds rate by 25 basis points. That’s exactly what the Fed did. Read more...