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Chair Powell answers reporters' questions at the FOMC press conference on January 29, 2025. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
"The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.
Economic growth has moderated from its quite strong pace earlier this year, partly reflecting a gradual cooling of the housing market and the lagged effects of increases in interest rates and energy prices." - from FOMC decision Aug. 8, 2006
Chair Powell answers reporters' questions at the FOMC press conference on June 18, 2025. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
NEW YORK - SEPTEMBER 16: Traders work on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. The Federal Open Market Committee (FOMC) met today and announced they will hold the federal funds rate at 2.0 percent, despite the recent turmoil among investment banks on Wall Street. U.S. stocks were mixed following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. (Photo by Spencer Platt/Getty Images)
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Chair Powell answers reporters' questions at the FOMC press conference on January 29, 2025. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Chair Powell answers reporters' questions at the FOMC press conference on December 18, 2024. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Tree planting at Fawkner being conducted by Friends of Merri Creek. 82 people turned up and registered. Lots of hands to do the planting, and then we enjoyed a halal barbecue and a talk by Shaun from snakehandler.com.au on what snakes you might encounter, tips on first aid and some general common sense. Beautiful weather with broken clouds, then sunshine. It was an excellent turnout with lots of families and kids.
Dow Jones Industrial Average15,608.20
DOW CLOSE PLUS +108.66+0.70%
Initial U.S. jobless claims fall by 19,000 to 326,000 todays umemployment #'s
Yesterday's FOMC statement did not signal any official policy change, but it did note persistently low inflation as a concern, which some analysts interpreted as a dovish signal. Some are holding out for more clarity from Friday's non-farm payroll data. thats pre market 8.30am new york et
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Dow Jones Utility Average...506.96+2.99+0.59%
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Gold - Electronic (COMEX)...1,311.40-1.60-0.12%
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LinkedIn shares swing to 4% gain from 7% loss AH
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Kraft Foods Q2 net EPS $1.38 vs. $1.02
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LinkedIn earnings, sales top forecasts
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Medical marijuana legalized in Illinois
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LinkedIn adjusted eps equals 38 cents
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LinkedIn net income rises to $3.7 million
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LinkedIn reports sales of $363.7 million
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LinkedIn shares drop 7% after quarterly results
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Nasdaq Composite gains 1.4% to 3,675.74
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Dow industrials climb 0.8% to 15,626.56
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U.S. stock rally has S&P 500 above 1,700
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S&P 500 index rises 1.3% to 1,706.82
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Stocks end with strong gains after upbeat data
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S&P 500 closes above 1,700 for the first time
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Dow, S&P 500 rally to record closing highs
Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.
Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.
On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins examined the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?
Photo by Paul Morigi
Wealthy Heatherdown Preparatory School & Eton-educated aristocrat, David William Donald Cameron, Prime Minister of the United Kingdom of Great Britain & Northern Ireland (UK); European Union (EU). Close ties to the uber-rich Rothschild, Keswick, & other controlling banking & corporate investor families calling themselves the One World Company/Government./Religion.
The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System, is charged under United States law with overseeing the nation's open market operations
The source image for this illustration of the Federal Open Market Committee is a photo in the public domain available via Wikimedia.
Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.
Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.
On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins examined the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?
Photo by Paul Morigi
Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.
Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.
On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins examined the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?
Photo by Paul Morigi
Chair Powell answers reporters' questions at the FOMC press conference on January 29, 2025. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Chair Powell answers reporters' questions at the FOMC press conference on June 18, 2025. www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.
Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.
On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins examined the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?
Photo by Paul Morigi
Central bank communications have evolved substantially since Sir Montagu Norman, the governor of the Bank of England from 1921-1944, reportedly took as his personal motto, “Never explain, never excuse.” More recently, in the U.S., the Federal Reserve has expanded its communications to include a statement after every meeting of the Federal Open Market Committee (FOMC), quarterly press conferences by the chair, and quarterly projections of the economy and the path of interest rates by each member of the FOMC.
Other central banks have done much the same, believing that monetary policy is more effective when the public and financial markets understand the central bank’s thinking and that openness is essential to preserving central bank independence in democratic societies. Yet the Fed is often criticized for being unclear and opaque, and there is no doubt that the Fed’s audiences are often confused.
On November 30, the Hutchins Center on Fiscal and Monetary Policy and the Center for Financial Economics at Johns Hopkins examined the purpose and quality of Fed communications from the perspectives of academics, former Fed officials, Wall Street Fed watchers, and those in the press who cover the Fed. What is and what should be the goal of Fed communications? What does it do well? Not so well?
Photo by Paul Morigi