Against the backdrop of the dueling remarks in recent days from several members of the Federal Open Market Committee, and conveniently just a few hours after a crucial Non-Farm Payrolls print
The political storm ignited by the odd op-ed by former Federal Reserve Bank of New York President William Dudley is absolutely the last thing a beleaguered Federal Reserve Chairman Jerome
For all the restless anticipation for Federal Reserve Chairman Jerome Powell’s keynote speech to open the Federal Reserve Bank of Kansas City’s “Challenges to Monetary Policy” conference in Jackson Hole
While the Minutes to the July Federal Open Market Committee meeting released this afternoon are essentially a look at policy through a rear-view mirror, we think they may still offer a foreshadowing of the
Despite the chatter across volatile markets to the contrary, there is little prospect for an inter-meeting rate cut by the Federal Reserve in the coming days or on the sidelines
Try as reporters did in pressing Federal Reserve Chairman Jerome Powell to confirm further rate cuts, he deflected several times and sought instead to reframe today’s 25 basis point rate cut as a
By the end of the day today, Federal Reserve Chairman Jerome Powell will have finished his round of pre-meeting phone calls to the Fed district presidents to hear their views on the
In his testimony and remarks before the House Financial Service Committee yesterday, Federal Reserve Chairman Jerome Powell did not so much hint at the likelihood of a 25-basis point rate cut at the July 30-31
A few thoughts on what we think will be the likely takeaways from Federal Reserve Chairman Jerome Powell’s twin testimonies on Capitol Hill this week, beginning with his appearance before the House
After months of relentless attacks on Federal Reserve Chairman Jerome Powell and the earlier failed nominations of Stephen Moore and Herman Cain, President Trump’s intended nomination of Fed critic Judy Shelton and Chris Waller, the head of
This Friday’s Non-Farm Payroll smack in the middle of the Fourth of July long weekend and the next slew of inflation and inflation expectations measures promise to be key signposts on the way to
Federal Reserve Chairman Jerome Powell speaks before the Council on Foreign Relations of New York at lunch time today, a venue that is interesting in coming so soon after last
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
