Still Divided Fed Officials Leave Near- term Interest Rate Cuts in Doubt
By Steven K. Beckner (MaceNews) – As the new year commenced, Federal Reserve officials have neither foreclosed the possibility of further interest rate reductions, nor encouraged hopes for them. With the economy just beginning to come out of a fog of uncertainty induced by the data blackout accompanying last Fall’s government shutdown, few are prepared […]
Fed Officials Remain Divided on Future Rate Path After Dec. 10 Rate Cut
– Miran, Waller Want More Rate Cuts; Williams, Others Equivocal If Not Hostile By Steven K. Beckner (MaceNews) – As the year drew toward a close following a third interest rate cut, Federal Reserve policymakers continued to display disunity on the rate path ahead, as officials put different weights on the Fed’s “price stability” and […]
Fed Officials Give Cautious but Conflicting Views on Road Ahead For Monetary Policy
By Steven K. Beckner (MaceNews) – Two Federal Reserve Bank presidents who had opposed the Fed’s mid-week interest rate cut, strongly defended their no votes on Friday while two other Fed presidents who will be voting on monetary policy next year gave conflicting indications on whether they will support moving rates lower. Broadly speaking, the […]
FOMC Cuts Funds Rate 25 BP, Projects Single 25 BP Cut By End Of 2026
– Powell Signals Pause, Saying FOMC Can Now ‘Wait and See’ How Economy Evolves – Powell: After 175 BP of Easing, Funds Rate in ‘Plausible’ Range of ‘Neutral’ – FOMC Declares Reserves ‘Ample’; to Start Buying Shorter Term Treasuires By Steven K. Beckner (MaceNews) – At their final monetary policy meeting of 2025 Wednesday, a […]
TRANSCRIPT: Fed Chair Powell Sees Policy Rate Within Range of Neutral Rate and Payrolls Now Negative
WASHINGTON (MaceNews) – The following is a rough transcript of Federal Reserve Chair Jerome Powell’s post-FOMC news conference Wednesday:
Fed Officials Showing Caution, Even As Some Call for December Rate Cut
– Goolsbee, Hammack, Cook All Uneasy About Moving Again Next Month – Waller Strongly Supports December Rate Cut By Steven K. Beckner (MaceNews) – With the Federal Reserve’s last monetary policy meeting of the year just three weeks away, many Fed officials are exhibiting greater reluctance to continue interest rate reductions, while some continue to […]
Fed Officials Continue to Diverge on FOMC’s Rate Decision on Dec. 10 – Miran Again Urges More Rate Cuts While Collins Backs Away
By Steven K. Beckner (MaceNews) – As they moved closer to the final monetary policy meeting of 2025. a number of Federal Reserve officials have given varying degrees of support for lower interest rates but have remained mostly vague about whether the Fed should cut rates again as soon as next month. After the Fed’s […]
Fed Officials Bear Out Powell Saying December Rate Cut ‘Not Foregone Conclusion’
By Steven K. Beckner (MaceNews) – The outlook for U.S. monetary policy remained murky Thursday, following the latest barrage of comments from Federal Reserve officials…. Divisions among Fed policymakers have continued to emerge in wake of last Wednesday’s interest rate cut, leaving in doubt whether they will be able to agree on another reduction when […]
TRANSCRIPT: Fed Chair Powell Says December Rate Cut ‘Not a Foregone Conclusion’
–‘Strongly Differing Views’ About December FOMC WASHINGTON (MaceNews) – The following is a transcript of most of Federal Reserve Chair Jerome Powell’s Wednesday post-FOMC meeting news conference: … Beyond the next year or two, or so; however, most measures of longer-term expectations remain consistent with our 2% inflation goal. For monetary policy actions are guided […]
FOMC STATEMENT: Qtr-Point Cut as Expected; Ends Reduction of Aggregate Securities Holdings Dec 1
WASHINGTON (MaceNews) – The following is the Federal Open Market Committee’s policy statement released Wednesday: Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more recent indicators are consistent with these developments. Inflation […]