Members
Fedspeak Monitor 12/22/24
A handful of Fedspeak after the FOMC meeting, but nothing surprising.
Federal Reserve
197 postsPost-December FOMC: The Fed Gets Pessimistic About Inflation, but Shouldn't Downplay Labor Market Risk
If there’s one takeaway from this meeting, it’s that the Committee wants to position themselves much more cautiously on the inflation outlook, but the Fed is just a couple of bad labor market prints from having to put more cuts back on the table.
Members
December 2024 SEP Dot Projections
Our baseline projection is for the median rate dot at three 25 bp cuts in 2025. Our hawkish scenario puts the median member at two cuts for 2025.
December 2024 FOMC Preview
Now that rate normalization is about to move into the next, slower phase, it is important that they do not predetermine the scale of normalization.
Fedspeak Monitor 12/8/24
A lot of Fedspeak this week, enough to firm up our view that there will be a cut in December, with a January pause.
