All things considered, Federal Reserve Chairman Jerome Powell delivered a deftly handled press conference this afternoon, seamlessly supported this time by those often confusing, always controversial, rate dot plots finally providing a
The sudden rush of headlines this morning on European Central Bank President Mario Draghi’s “materialization of risk” remarks in Sintra and President Trump’s tweet confirming an “in-depth” meeting with Chinese President Xi at the G20 meeting both came just as
Federal Reserve Chairman Jerome Powell has had more than his share of communications struggles over the last year or more, but with such an unprecedented degree of uncertainty hanging over the economic outlook,
The apparent downshift in the labor market indicated in this morning’s Non-farm Payrolls print is highly unlikely to shift the low probabilities for a rate cut at the June 18-19 meeting of the Federal Open
Scarred memories of the savage south-bound turn in markets last December were clearly at play in the scripted messaging by Federal Reserve Chairman Jerome Powell and other Fed officials speaking the long
It is telling that several Federal Reserve officials, including Chairman Jay Powell, have in recent speeches referenced the seminal remarks by former chairman Alan Greenspan in 2004 on “Risks and
It would have been very hard not to notice how Federal Reserve Chairman Jerome Powell referred to “transient” inflation a gazillion times in his press conference as an intended takeaway from the two-day Federal
With little prospect for a rate move this week, the main point of interest in this Wednesday afternoon’s outcome to the Federal Open Market Committee meeting is whether the Committee will
The unexpected persistence of low inflation has been driving much of the internal policy debate across the Federal Reserve system for some time now, squarely placing the issue at the heart of the
With the market already widely anticipating a rate cut as the most likely next near move by the Federal Reserve, the willingness to consider rate cuts recently cited by several Federal Open Market
There is no question the Federal Open Market Committee delivered a spectacularly dovish policy outlook today. And we would be less than sincere if we didn’t add that we are somewhat taken
With no rate changes on the table seemingly for as far as the eye can see, most of the market focus on this Wednesday’s wrap on the Federal Open Market Committee March meeting
At the outset, we will need to admit that we found the Minutes to the Federal Open Market Committee January meeting to be somewhat defensive in tone and indicating more than the
It would be hard not to notice the unusually well-disciplined communications offensive by Fed officials since the turn of the year with the well telegraphed messaging of “patience” on rates policy and “flexibility” on the last
If the markets were looking for a pliant Federal Reserve this afternoon, they got everything they could have possibly wanted and more. A few points to make: ** Any remaining hawkish holdouts on the Committee were
Two key intended takeaways seem likely in the Federal Open Market Committee’s policy messaging this Wednesday. The trick will be how to smoothly and clearly communicate them in the mix between the statement language
Market attention on next week’s meeting of the Federal Open Market Committee and what Chairman Jerome Powell may or may not say in the first 2019 meeting press conference about the balance sheet got a boost this
When Federal Reserve Chairman Jerome Powell wrapped up his debut Federal Open Market Committee meeting press conference last March in 45 minutes flat, his plain-speaking, to the point and no more performance
Federal Reserve Chairman Jerome Powell’s carefully scripted messaging last Friday was a near master class in the art of finely tuned messaging, vaguely offering just enough in such reassuring tones
That Federal Reserve Chairman Jerome Powell came across as “aloof on the stock market sell-off” in his press conference after the Federal Open Market Committee meeting on Wednesday, or that he was being “too rigid