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Fedspeak Monitor 4/6/25: No Clarity Post-Liberation Day
Despite the tariff announcement, Fedspeak is nearly indistinguishable from last week.
Despite the tariff announcement, Fedspeak is nearly indistinguishable from last week.
This is our last snapshot of the labor market before we really start seeing the effects of the new Administration’s policies on the economy.
We're starting to get more color from Fed officials about how they see tariffs playing out. Everyone is qualifying their comments with heavy pinches of salt.
We have updated our dot estimates with the March SEP dots.
The uncertainty over tariffs put inflation targeting’s weakness on display.