Paid-members
Fedspeak Monitor: 9/8/24
It's the last week of Fedspeak before the blackout period for the September meeting. Everyone speaking this week is on board with Powell's assessment that the labor market is at least balanced.
Fedspeak
80 posts
Paid-members
Fedspeak Monitor 9/2/24
A quiet week after Jackson Hole. What we did hear this past week showed that Powell has some convincing to do on the Committee.
Powell is Right: the FOMC Shouldn't Prematurely Endorse Gradualism
Almost as notable as the things Powell said were the things he did not. Between now and September, Fedspeak should focus on keeping the Committee’s options open to a 50 bps cut in September.
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.
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.
