Fedspeak Monitor 8/24/24
Powell's Jackson Hole speech made clear that rate cuts will begin in September. Most notable what he did not say: "gradual." Powell is keeping the door open to a larger cut in September.
Preston Mui
131 postsEven if Sahm Rules Might not be Right This Time, the Fed Should Still Cut
When it comes to the Fed policy today, the question of whether or not these rules are good at telling us if we’re currently in a recession is almost besides the point.
Paid-members
Fedspeak Monitor 8/16/24
Bostic and Musalem, two members on the hawkish side of the Committee, joined the rest of the Committee in signalling an openness to rate cuts in September.
Paid-members
Fedspeak Monitor 8/11/24
The Committee continues to react to the July jobs numbers.
Paid-members
Fedspeak Monitor 8/4/24
Just a couple of reactions to the jobs data last week from Barkin and Goolsbee, both downplaying the jobs report.
