Fed Officials Remain Uncertain, Hesitant as Middle East Tensions Continue

– Waller Forecasts Possible Rate Cuts but Not until ‘Later This Year’ – Daly ‘Wouldn’t Be Surprised’ If Funds Rate Left Unchanged Through 2026 By Steven K. Beckner (MaceNews) – Monetary policy remained firmly on hold in the minds of Federal Reserve officials toward the end of the week, amid a rapidly changing situation in […]

Fed’s Jefferson: FOMC ‘Well-Positioned’ To Face Upside Inflation, Downside Job Risks

–– Williams: FOMC Is Now ‘Really Well-Positioned’ To ‘Wait and See’ — Goolsbee: Fed in ‘Very Uncomfortable Situation; Facing Danger of ‘Stagflation’ By Steven K. Beckner (MaceNews) – Federal Reserve Vice Chairman Phillip Jefferson said Tuesday evening that monetary policy is “well-positioned” in a war-influenced environment of both upside risks to inflation and downside risks […]

Powell: Fed ‘In Good Place To Wait And See’ How Iran War Affects U.S. Economy

– War Exerts “Upside Risks’ On Inflation, ‘Downside Risks’ On Employment – Must Be ‘Mindful’ To Keep Inflation Expectations ‘Anchored’ By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell gave no indication Monday of when or how the Fed might adjust short-term interest rates, saying monetary policy is “in a good place to […]