Fed in wait and see mode ahead of election

After the fireworks at the last FOMC meeting in mid-September, when the Fed launched an open-ended QE3 and strengthened its forward-looking guidance on leaving its policy rate at near-zero, the two-day meeting that ended today was a damp squib in comparison.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.