Fed Rate Hike There was no surprise that the Fed raised the federal funds rate this week by a quarter point to a range of 3.75%-4%. The vote was unanimous. Now, all eyes are focused on the next meeting set for October 28-29. As of today, the bond futures markets are 50/50 that there will […]
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ByTheNumber$ – September 10th, 2026
Strong Jobs Number Last Friday, you probably saw the news that the August Jobs Report was surprisingly strong. Estimates were for an increase of ~56,000. The report came in with 162,000 new jobs, the highest since March. Both June and July numbers were revised upward by a combined 55,000. These reports have raised the odds […]
Read MoreByTheNumber$ – July 30th, 2026
FED Holds Rates Steady The Federal Reserve held interest rates steady in its meeting this week. The interesting part of the story is that 3 of the 12 Fed Governors dissented by voting for a rate increase. Expectations have now risen that the Fed will hike rates by a quarter point at the September meeting. […]
Read MoreByTheNumber$ – June 18th, 2026
Fed Chair Warsh’s First FOMC Meeting All eyes were on yesterday’s Federal Open Market Committee (FOMC) meeting, Kevin Warsh’s first meeting as Chairman of the Federal Reserve. In a unanimous decision, the Committee voted to hold the funds rate steady in the current range of 3.5%-3.75%. Nine of 18 members projected a rate hike this […]
Read MoreByTheNumber$ – March 11th, 2026
FED Funds Rate Cut Unlikely This Month The Federal Reserve Bank of Atlanta produces data analysis that they use to estimate the probability of cuts in the Fed Funds rate. The next Fed meeting ends on March 18 with a rate decision that day. Their current estimate is a less than 3% chance of a […]
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