Macroeconomic Advisers’ Pre-FOMC Briefing Webinar

Macroeconomic Advisers’ Pre-FOMC Briefing Webinar Thursday, July 20th 10:30 AM – 11:05 AM EST Ken Matheny, senior economist at Macroeconomic Advisers will discuss MA’s views of the policy and economic backdrop for the meeting and our expectations for near-term Fed policy. To find out how to register for the webinar contact Tonya Cooksey by phone (314.721.4747) or email (

MA’s Ken Matheny Quoted in St. Louis Post-Dispatch

MA’s Ken Matheny was quoted in the article, “Boring is best as Fed contemplates smaller balance sheet” by David Nicklaus of the St. Louis Post-Dispatch. (Excerpts shown below.) It was a big deal when the Federal Reserve bought trillions of dollars in bonds to boost the economy. Now that the Fed is about to reverse the process, we’re told it will be about as exciting as watching paint dry. Why the difference? For one thing, we’re not in a financial crisis, and the Fed plans to subtract those trillions more gradually than it added them. So far, markets have reacted calmly as one Fed official after another has discussed the balance-sheet reduction process. “It’s not really going to have a major impact on the outlook for bond yields,” said Ken Matheny, an economist at Macroeconomic Advisers. “Markets should be very well prepared for this, because the Fed has told us … Continue Reading