News about Fed

Among the things to watch for today #FederalReserve Chair Powell’s remarks, including how he characterizes recent economic developments and their consequences for monetary policy; and The release of the #IMF’s World Economic Outlook, including how/whether it extrapolates…

The Weekly Look Ahead for the Global #Economy and #Markets It was already a tricky situation for the large number of #FederalReserve officials scheduled to speak this week, including Chair Powell. This has been made more so by the latest escalation in Iran-Israel tensions. What…

If the Fed cuts rates by Sep or possibly even this yr, it's much more likely because they get bad news about the employment side of their mandate than because they get reassuring news about the inflation side. The reason: even if inflation falls will take time to be convincing.

Fed Vice Chair Philip Jefferson says inflation that proves more stubborn would warrant a longer period of interest rates at their current setting. He doesn't refer to rate cuts as a base case, as he did on Feb. 22 www.wsj.com/livecoverage/stock-market-today-earnings-04-16-2024/card/fed-vice-chair-jefferson-rates-could-be-high-for-longer-dgkqF2tWBDmTMs6aLmkw