Fedspeak Monitor 6/2/2025
A light week of Fedspeak, but a few notable pieces from some of the Committee.
A light week of Fedspeak, but a few notable pieces from some of the Committee.
There's still a lot of speculation around the effects of tariffs in this week's Fedspeak, but they're still waiting for the data. The uncertainty around other policies is also encouraging them to stay noncommital on rate movements.
This week, FOMC members continue to project confidence in the ability of the economy to withstand the risk of a recession from tariff policy, at least long enough to allow the Fed to figure out what to do.
The post-FOMC Fedspeak from the rest of the Committee was as noncommittal as the press conference.
Last week's data leaves our take on the FOMC meeting unchanged. There are updated charts and tables with labor market and inflation data from the previous week.