Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Federal Reserve Governor Robert Kugler believes that the Federal Reserve should maintain policy rates unchanged for a period of time.
Federal Reserve Governor Barr said that generative artificial intelligence has significantly increased the productivity of various knowledge-based activities, allowing even people without programming skills to use it effectively.
On February 18, Federal Reserve Governor Paul Waller said that his basic view is that the Trump administration's new tariffs will only have a modest impact on prices, which the central bank should try to ignore when setting monetary policy. Waller said that uncertainty about the impact of trade or other government policies should not prevent the Federal Reserve from taking action, just as neither the Russia-Ukraine conflict in 2022 nor the collapse of Silicon Valley Bank in 2023 prevented the Fe...
Mr. Waller, the Fed governor nominated by Mr. Trump, said interest rate cuts could resume this year if inflation were to develop as it did in 2024, warning that waiting for economic uncertainty to dissipate would lead to policy paralysis. Click to view...
Mr. Waller, the Fed governor, said inflation and interest rate cuts were expected to continue this year. Consumer prices have been disappointing recently, but this could be due to seasonal adjustment issues. The impact of tariffs on prices is expected to be mild and not long-lasting, and the Fed should try to ignore it when setting policy.
Federal Reserve Governor Bowman will speak in ten minutes.
Federal Reserve Governor Bowman: Inflation is expected to decline, but upside risks remain.
Federal Reserve Governor Bowman: Before cutting interest rates again, there needs to be greater confidence that inflation will decline.
Bowman, the governor of the Federal Reserve, said that inflation is expected to decline, but upside risks remain; there needs to be greater confidence that inflation will decline before another rate cut; and waiting patiently for a rate cut will help to gain a clearer understanding of the impact of government policy.
Bowman, a Fed governor, said the central bank's rules on core banking issues were "ripe for review", new bank formation had stalled and there was a disturbing trend of inaction on bank supervision.
Federal Reserve Governor Paul Waller will speak on stablecoins in ten minutes.
Federal Reserve Governor Paul Waller said he believes stablecoin regulations will be passed quickly.
Mr. Waller, the Fed governor, said US regulators should deal directly with the risks of stablecoins, which would benefit from regulation and could expand the global role of the dollar by allowing banks and non-banks to issue them.