FOMC Pauses Rate Cuts Amid Uncertainty About Economic, Policy Outlook

– Powell: FOMC ‘In No Hurry’ To Adjust Rates; Policy, Economy ‘In Good Place’ – Powell: Need to See ‘Further Progress’ On Inflation; Watching Labor Market By Steven K. Beckner (MaceNews) – After cutting interest rates at three consecutive meetings, the Federal Reserve’s policymaking Federal Open Market Committee kept them unchanged Wednesday and gave no […]

Bank of Canada Slows Rate Cut Pace to 25 Basis Points, Instead of Pausing amid Easing Inflation, in Pre-Emptive Strike Against Fallout from Trump Tariffs

–BOC Decides to End Quantitative Tightening; To Restart Asset Purchases in Early March–Governor Macklem: We Are Long Way from Needing Quantitative Easing–Macklem: USD/CAD Affected More by US Trade Policy Uncertainties Than by BOC’s Cumulative Rate Cuts By Max Sato (MaceNews) – The Bank of Canada trimmed its policy interest rate – the target for overnight […]

Fed Officials Continue Cautious Monetary Policy Mood in Wake of December Data

By Steven K. Beckner (MaceNews) – Federal Reserve officials reaffirmed their sense of caution about the future course of monetary policy in wake of a surprisingly strong December employment report, which was widely interpreted as greatly diminishing hopes for interest rate cuts this year. Officials were already speaking hesitantly about resuming monetary easing, variously calling […]

UPDATE: Fed Officials Take Cautious Approach to Further Rate Cuts As Late Jan FOMC Nears

– Harker Still Sees Rates Heading Lower; But Now ‘Appropriate To Take A Pause’ – Collins Calls for ‘Patient Approach to Policy’; Cuts Could Go Faster or Slower – Schmid: Funds Rate May Already Be ‘Neutral;’ Favors Further Balance Sheet Shrinkage – Bowman Urges ‘Caution;’ Monetary Policy Not As Restrictive As Some Think  By Steven […]

FOMC Cuts Funds Rate 25 BP; Strongly Hints at Rate-Cutting Pause

– Powell: After 100 BP of Cuts, Policy Rate Closer to Neutrality – Powell: Now Appropriate to Ease More Cautiously, Slowly By Steven K. Beckner (MaceNews) – Three months after it began a decisive easing of monetary policy, the Fed took a tentative step on Wednesday toward slowing or perhaps interrupting that process. Much as […]