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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In the last week of Fedspeak before the January blackout period, Waller continued to signal openness to more cuts in 2025 and optimism about the inflationary trajectory.
As the 119th Congress convenes, the House Budget Committee is considering several policies to cut federal spending by more than $5 trillion. One reported proposal is a potential...
Waller supports more rate cuts, isn't worried about tariffs.
