Federal Reserve Goolsby: If economic conditions are stable, inflation is not rising, and full employment is achieved, then interest rates should decrease.
Federal Reserve Governor Bowman will speak in ten minutes.
The Fed meeting notes released overnight were cautious in tone, but more "connotation" of the potential impact of Trump's policy. The market is waiting for the arrival of non-farm data, and the US index will maintain range volatility before the arrival of strong catalysts? > >
On January 4, in a prepared speech, the Federal Reserve's Barkin said his base case for 2025 was positive: "I expect more upside to growth than downside." He added that expectations of economic expansion may be responsible for the recent pick-up in business optimism. His optimism about the economic outlook is in part due to his belief that the growth momentum in consumer spending is likely to maintain healthy economic growth in the coming months. "With business optimism running high and labour s...
Gold continues to fluctuate, what opportunities will there be after the holiday? The Federal Reserve hawks cut interest rates, does gold focus on resistance positions in the future market? Click to view detailed analysis > > >
Will the last blockbuster data before the Federal Reserve's annual closing meeting shake the expectation that the Federal Reserve will cut interest rates again? Investment banks said that this inflation report may confirm that the process of US inflation falling has stalled, and can the dollar index set sail again as a result?
On December 8, US President-elect Don Trump said on NBC's "Meeting with Kristen Welker" broadcast on Sunday that he would not try to replace Federal Reserve Chairperson Jerome Powell after he takes office in January. Asked if he would seek to replace Powell, Trump told Welker: "No, I don't think so." "I think he would [resign] if I told him. But if I asked him [to resign], he probably wouldn't."
Federal Reserve Goolsby: A gradual pace of rate cuts seems appropriate.
On December 3, Federal Reserve Governor Paul Waller said he was inclined to support a rate cut at the Fed's meeting later this month, although he also said he might be open to the idea of keeping interest rates on hold. "Policy remains sufficiently restrictive that further rate cuts at the next meeting would not significantly change the stance of monetary policy and leave enough room for slowing the pace of rate cuts if necessary to maintain progress towards the inflation target," Waller said in...
Some participants said easing could accelerate if the labor market weakens or economic activity falters.
Fed meeting notes showed that some participants thought downside risks to the job market and the economy had diminished. Participants expected a gradual shift to a more neutral stance, with almost all agreeing that the risks to achieving the dual-mandate objective were roughly balanced. Many participants thought the risks of an overly cooling job market had diminished since the September meeting.
Some participants said the Fed could pause easing and keep policy rates at restrictive levels if inflation remains high, Fed meeting notes showed. Easing could accelerate if the labor market weakens or economic activity falters. Many participants at the Fed's Nov. 6-7 meeting said uncertainty about the level of the neutral interest rate made it appropriate to gradually reduce policy restrictions.
Federal Reserve Governor Bowman will speak in ten minutes.
The Federal Reserve's Barr plans to complete his full term as vice chairperson of supervision.
Federal Reserve Chairperson Jerome Powell: Policy will be gradually adjusted to a neutral level, but the policy path is not predetermined.