US FOMC Press Conference
It's among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy;
The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the Fed's YouTube channel in real-time. Source first conducted in Apr 2011;
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Jan 29, 2025 | |
Dec 18, 2024 | |
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Mar 20, 2024 | |
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- US FOMC Press Conference News
- From pimco.com|Jan 30, 2025
The Federal Reserve reiterated its focus on a patient, data-driven path at its January meeting when it held its policy rate steady at 4.25%–4.5%. This decision followed three straight meetings at which the Fed cut its rate. Elevated uncertainty about the outlook for U.S. fiscal and trade policy, alongside recent data showing solid growth and labor market stability, made it easy for the Fed to leave rates unchanged and signal that there is no hurry to adjust rates again. In the press conference, Fed Chair Jerome Powell essentially set ...
- From scotiabank.com|Jan 29, 2025
The policy rate was left unchanged at 4.5% and there was no change in balance sheet policy guidance, both as universally expected. A combination of minor statement tweaks and a strong indication in the press conference that the FOMC will be patient made it clear that the March meeting is unlikely to introduce further easing. Markets are roughly pricing our two 2025 cuts. While there was some market volatility through the communications, for the most part key measures ended up very little changed. Please see the accompanying statement ...
- From @LiveSquawk|Jan 29, 2025
post: Fed’s Powell On Rate Cut In March, Reiterates No Need To Hurry $DXY $USDJPY #FOMC post: POWELL: 'WE'RE NOT GOING TO CHANGE THE INFLATION GOAL ANYTIME SOON'
- From @financialjuice|Jan 29, 2025
post: FED'S POWELL: WE INTEND TO REDUCE THE BALANCE SHEET SIZE. post: FED'S POWELL: LONG RATES HAVE MOVED UP FOR REASONS UNRELATED TO OUR POLICY. post: FED'S POWELL: DON'T NEED TO WAIT FOR 2% INFLATION TO CUT RATES || WE'D WANT TO SEE FURTHER INFLATION PROGRESS; OUR POLICY STANCE IS MEANINGFULLY RESTRICTIVE post: FED'S POWELL: TRADE POLICY UNCERTAINTY IF LARGE, PERSISTENT CAN START TO MATTER; THAT'S NOT SOMETHING I'M SEEING TODAY post: *POWELL: ASSET PRICES ARE ELEVATED BY MANY METRICS RIGHT NOW
- From @PiQSuite|Jan 29, 2025
post: POWELL: WE ARE ABOVE EVERYONE ON COMMITTEE'S ESTIMATES OF LONG-RUN NEUTRAL post: FED'S POWELL: WE ARE MEANINGFULLY ABOVE NEUTRAL RATE. post: POWELL: RANGE OF POSSIBILITES OF WHAT HAPPENS WITH TARIFFS IS VERY VERY WIDE post: POWELL: DON'T WANT TO BE SPECULATING ABOUT TARIFFS post: *POWELL: MOST RECENT DATA SUGGEST RESERVES ARE STILL ABUNDANT
- From @financialjuice|Jan 29, 2025
post: FED'S POWELL: I AM LOOKING AT THE DATA TO GUIDE US. post: FED'S POWELL: I EXPECT FURTHER PROGRESS ON INFLATION. post: FED'S POWELL: THE FED DOESN'T ACT UNTIL SEEING MUCH MORE THAN WE SEE NOW. post: POWELL: WE DON'T THINK WE NEED LABOR MARKET TO COOL OFF ANY MORE OVERALL LABOR MARKET DOES SEEM TO BE STABLE, BROADLY IN BALANCE post: Key quote from Powell: "We seem to be set up for further progress" on inflation. Being set up for further progress is one thing. "Having it is another."
- From @financialjuice|Jan 29, 2025|2 comments
post: FED'S POWELL: I CAN SEE POLICY IS RESTRICTIVE LOOKING AT LAST YEAR. post: FED'S POWELL: POLICY IS MEANINGFULLY LESS RESTRICTIVE THAN BEFORE CUTS. post: *POWELL: NEED REAL PROGRESS ON INFLATION OR WEAK JOB MKT TO CUT post: Powell says the inflation wordsmithing was a drafting change wasn't designed to send any signal on a change in the inflation outlook. https://t.co/PctyCdlS0Z post: FED'S POWELL: FED VERY MUCH WAITING TO SEE WHAT POLICIES ARE ENACTED.
- From @DeItaone|Jan 29, 2025|2 comments
post: POWELL: WE DO NOT NEED TO BE IN A HURRY TO ADJUST POLICY RATE post: FED'S POWELL: WE ARE NOT ON PRESET COURSE || WILL ADJUST POLICY STANCE TO PROMOTE GOALS || POLICY IS WELL-POSITIONED TO DEAL WITH RISKS, UNCERTAINTIES post: FED'S POWELL: REDUCING POLICY RESTRAINT TOO FAST COULD HINDER PROGRESS, TOO SLOWLY COULD UNDULY WEAKEN EMPLOYMENT. post: POWELL: NOT GOING TO COMMENT ON WHAT THE PRESIDENT SAID post: FED'S POWELL: MY ASSESSMENT OF POLICY STANCE HAS NOT CHANGED.
Released on Jan 29, 2025 |
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