The newly expanded crew of FT Alphaville’s team in New York will be hosting a special edition of Macro Live this afternoon starting at 1:50pm EST (6:50pm London time). You’ll find us at the usual place. Matt Klein and I will be joined by Alex Scaggs, a recent addition to the Alphaville team, to cover the release of the FOMC statement and the Summary of Economic Projections, after which we’ll follow the presser at 2:30pm. For some light pre-statement reading, we recommend: – Recession Watch and the Global Reach of Fed Policy, by David Beckworth – Five Questions for Janet Yellen, by Tim Duy – QE, Basel III and the Fed’s New Target Rate, by Zoltan Poszar – The Fed is making the same mistakes over and over again, by Larry Summers And here’s an excerpt from a piece by the FT’s man in the Eccles Building on presser days, Sam “Green Eggs and Ham” Fleming: The central bank will probably keep interest rates unchanged on Wednesday given the menace of global financial market disruption associated with the UK’s referendum on its membership of the European Union on June 23, coupled with uncertainties over the health of the US jobs data.
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The newly expanded crew of FT Alphaville’s team in New York will be hosting a special...