The March FOMC was a quiet turning of the guard, and by all signs, that’s exactly what the Fed wanted. This was Chair Powell’s first meeting in his new leadership role, and it delivered few enough surprises for the financial markets to remain calm. Nevertheless, we received confirmation of the Fed’s evolving view of the economy, plus important signals about how the Powell Fed will differ from the Yellen Fed.
What the Fed Did
What We Learned About the Powell Fed
What Comes Next
As iCIMS’ former chief economist, Josh Wright led a team of data scientists in analyzing emerging trends in the U.S. labor market. With publications ranging from academic journals to national media, Wright previously served as a U.S. economist with Bloomberg L.P., and was a staff researcher at the Federal Reserve.