The 'blackout' policy from the Federal Reserve limits the extent to which Federal Open Market Committee participants and staff can speak publicly or grant interviews. The period begins the two Saturdays preceding a Federal Open Market Committee (FOMC) meeting and ends the Thursday following the decision (decisions are always on Wednesdays).
Oftentimes, Federal Reserve officials will scheduled important speeches just before the blackout period begins in order to guide market participants about the upcoming meeting. In general, the Fed doesn't like to surprise markets so officials will offer strong hints about what's coming. If top Fed officials need to adjust market expectations between the start of the blackout and the decision, they may leak hints to the press; generally the Wall Street Journal.
Related Terms
Related Articles
Related Articles
Fed's Waller says he is in favour of raising the Fed Funds rate at the July FOMC meeting
Fed's Waller says he is in favour of raising the Fed Funds rate at the July FOMC meeting
A summary of the Fed Chair Powell's major comments during his testimony on Capitol Hill
A summary of the Fed Chair Powell's major comments during his testimony on Capitol Hill
Fed's Bowman: Additional hikes will be needed
Related Terms
Stock Daily Updates
Top Forex Brokers
Must Read