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"Instant Answers" For Today's FOMC Decision

FED

Below are the Instant Answers questions we plan to release at 1400ET/1800GMT, to be published on MNI Bullets and IB. (Note some changes from MNI's Fed Preview:)

  • Federal Funds Rate Range Maximum
  • Median Projection of Fed Funds Rate at End of 2023
  • Median Projection of Fed Funds Rate at End of 2024
  • Number of 2023 dots < 4.875%
  • Number of 2023 dots < 5.125%
  • Number of 2023 dots > 5.375%
  • Does the FOMC say it expects to hold rates or will consider holding rates at their current level?
  • Does the FOMC change the phrase "anticipates that ongoing increases in the target range will be appropriate”?
    • If yes, is the phrase deleted entirely and no other guidance on rates added?
  • Does the FOMC end QT immediately?
  • Does the FOMC announce a plan to reduce the pace of QT?
  • Does the FOMC NOT publish the dot plot?

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