Monetary Policy
102 postsJuly FOMC Preview - A Dogmatic Hike, Not Data-Dependence
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Fedspeak Monitor: July 8th
With the Fourth of July falling midweek this week, we did not see very much new Fedspeak. Williams, Logan and Goolsbee all made hawkish comments, suggesting a need for further rate hikes this year.
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Fedspeak Monitor: July 1st
This week was light on Fedspeak, with new statements from committee members Powell, Daly, Williams and Bostic. Bostic took a dovish note, further reiterating his belief that the Fed should consider the most recent meeting the beginning of a pause, rather than a skip in the hiking cycle.