UBS said Federal Reserve Chair Jerome Powell’s Jackson Hole speech was “classic Powell” — signalling a higher probability of a September rate cut to offset …
Category: Central Banks
A couple of items crossing news services: Trump is weighing options to extend influence to Fed banks Trump has told advisers that he wants to …
Congress, through the Federal Reserve Act, directs that governors serve in long, fixed terms and may be removed by the president only “for cause.” Long …
The Bank of Canada Tiff Macklem is speaking and says: The bank will not revisit its 2% inflation target for the monetary policy framework review …
Fed’s Barkin is adding to comments made earlier: His forecast is for a modest adjustment in interest rates, Given what he expects will be little …
The Atlanta Fed GDPNow growth estimate for Q3 growth dipped slightly in the current model estimate. In their own words: The GDPNow model estimate for …
Research shows increased persistence in inflation but also points to a weak growth outlook. Combination of two shocks makes the monetary policymaker’s job harder. In …
Credit Agricole is now penciling in two rate cuts by the Fed for this year, one in September and one in December. But unlike other …
Morgan Stanley previously expected no rate cuts by the Fed for this year but have now revised their forecast and is expecting two rate cuts …
No cause exists for me to be fired I will continue to carry out duties as Fed governor It’s a tricky little situation this one. …