Fedspeak Monitor: June 17th
Depending on who you ask, this week saw a “hawkish skip” or a “dovish pause” from the FOMC, who declined to raise rates above their current target range of 5% to 5.25%. Most of the week was covered by the Fed’...
Depending on who you ask, this week saw a “hawkish skip” or a “dovish pause” from the FOMC, who declined to raise rates above their current target range of 5% to 5.25%. Most of the week was covered by the Fed’...
Depending on who you ask, this week saw a “hawkish skip” or a “dovish pause” from the FOMC, who declined to raise rates above their current target range of 5% to 5.25%.
Growing, Slowing, Stabilizing. The economy is continuing to grow, but more slowly, and with fewer higher-order cycles and bullwhips swinging things around. Hiring remains strong, but has fallen from its recovery peak.
One popular narrative thread throughout the post-pandemic labor market was the “Great Resignation.” During the recovery, workers have been quitting their jobs at rates never seen before in...
This weeks’ Fedspeak comes against the backdrop of a surprisingly neutral Jobs Day report. This week saw communication from Goolsbee, Barkin, Jefferson, Collins, Bowman, Harker, Master and Bullard.