Paid-members
Fedspeak Monitor 3/9/24
Powell did his best to be as boring as possible during Humphrey Hawkins, but he distinguished himself from some more hawkish statements from other committee members over the past few weeks.
Preston Mui
85 postsLabor Market Recap, February 2024: Back to "Slowing, but Strong"
After what appeared to be (on the surface and at first glance) a hot January, the labor market data for February 2024 signaled a return to the narrative we followed throughout last year: the labor market is slowing, but remains strong.
Paid-members
Fedspeak Monitor 3/3/2024: Downplaying January
While no one revealed anything new about their expectations for the timing or size of rate cuts this year, the committee was keen on trying to downplay the hot January 2024 data.
Paid-members
Fedspeak Monitor 2/25/24: Spooked by January
Across the board, from presumed hawks to doves, the message from committee members this week is fairly unified: they are spooked by January's inflation data.
Paid-members
Fedspeak Monitor 2/18/2024: Daly Sounds Dovish Again
In an extended conversation at NABE on Friday, Daly provided a lot of insight into her thinking. There was a lot to like in her answers.
