Fedspeak Monitor 2/17/25
The calls for patience continue, especially with tariff uncertainty.
The calls for patience continue, especially with tariff uncertainty.
This week, FOMC members across the spectrum cited policy uncertainty, especially around tariffs, as a reason for putting any further rate cuts on hold.
The labor market might be solid right now, but the composition of job growth in the future looks increasingly worrying.
We only heard from Goolsbee and Bowman after this week's FOMC meeting, but both the hawk and dove agree that the lack of policy and economic uncertainty from the new Administration's policy is going to make things difficult.
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