Federal Reserve Governor Robert Kugler believes that the Federal Reserve should maintain policy rates unchanged for a period of time.
The Federal Reserve's Harker said that the Federal Reserve should adjust its balance sheet to be all or mainly government bonds, and bank reserves are expected to contract rapidly. There is still a lack of clarity on the end point of the balance sheet reduction.
Federal Reserve Chairperson Jerome Powell said the Fed should not comment on tariff policy, and said it remained committed to its previous view that countries with free trade grew faster.
Bowman, the Fed governor, said the central bank should take a cautious approach to monetary policy and could be closer to neutral than policymakers currently believe; inflation remains a concern and progress toward reducing it appears to have stalled. There is a risk that policy rates will fall below neutral before the price stability objective is achieved. Expectations for neutral rates are higher than they were before the COVID-19 pandemic.
On July 25th, Dudley, the former president of the Federal Reserve Bank of New York (who enjoys the permanent voting rights of the FOMC and is known as the "three hands of the Federal Reserve"), said: I have long been in the camp of "keeping interest rates high for a longer time". I believe that to control inflation, short-term interest rates must be maintained at current or higher levels. But times have changed, and now the situation has changed, so I have changed my mind. The Federal Reserve sh...
Trump: The Federal Reserve should avoid cutting interest rates before the November election.
"The Fed should avoid cutting rates until the November election," Mr. Trump said. "Trumponomics" equals "low rates and taxes." I want to lower the corporate tax rate to 15 percent and no longer plan to ban TikTok. We will have a soft landing. "