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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- US FOMC Press Conference News
From youtube.com/cnbctelevision|Mar 20, 2025Jeffrey Gundlach, DoubleLine Capital CEO, joins 'Closing Bell' to discuss the Fed decision to leave rates unchanged and his takeaways from Powell's FOMC speech.
From cnbc.com|Mar 20, 2025|3 commentsThe “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation that caused a major policy headache for the Fed. At his post-meeting news conference, Chair Jerome Powell said the current outlook is that any price jumps from ...
From youtube.com/markets|Mar 19, 2025Bill Dudley, former president of the New York Fed, says the Federal Reserve is "flying blind" because they don't know what's going to happen to economic growth. "Powell came in and gave a pretty dovish performance in the sense of, ‘We got this, we’re in a good place, we can afford to wait, we’ll see how it goes, we’re gonna get the job done,’” he said.
From monexeurope.com|Mar 19, 2025The FOMC kept rates unchanged at the March policy meeting, in line with consensus expectations and our own pre-decision call. This leaves the target range for the Federal Funds Rate untouched at 4.25-4.50% for the second consecutive meeting. Somewhat to our surprise, however, other elements of this latest decision skewed dovish on net. The FOMC announced that quantitative tightening would be scaled back, beginning in April, while delivering an unchanged set of median rate projections. An upgrade to inflation expectations combined ...
From @FirstSquawk|Mar 19, 2025post: POWELL: WE WANT TO FOCUS ON THE HARD DATA post: Fed's Powell: If the soft data affects the hard data we will know it very quickly, but we don't see that yet. post: POWELL: POLICYMAKERS WIDELY RAISED THEIR ESTIMATES OF THE RISKS TO FED GOALS post: Q: As you are facing slower growth and higher inflation...are you heeding the lessons of the 1970? Powell: I don't see any reason of a replay of the 1970s.... not remotely similar post: Fed's Powell: Fed staff forecasts assume full tariff retaliation.
From @DeItaone|Mar 19, 2025|1 commentpost: POWELL: TARIFFS TEND TO BRING GROWTH DOWN AND INFLATION UP post: Fed's Powell: I'm not dismissing the rise in short-term inflation expectations, but there's no story of an increase in long-term expectations. post: POWELL: WE STRONGLY DESIRE MBS TO ROLL OFF FED'S BALANCE SHEET WE'D LOOK CAREFULLY AT ALLOWING MBS TO ROLL OFF EVEN AFTER STOP SHRINKING TOTAL BALANCE SHEET post: POWELL: WE ARE AT A PLACE WHERE WE CAN CUT, OR HOLD AT WHAT IS CLEARLY A RESTRICTIVE STANCE OF POLICY ASKED IF FED MIGHT CUT RATES IN MAY, SAYS WE ARE NOT GOING TO BE IN ANY HURRY TO MOVE ON RATE CUTS post: Fed's Powell: Removing 'roughly in balance' to describe risks from the statement isn't meant to convey a signal.
From @financialjuice|Mar 19, 2025post: Fed's Powell: Housing services inflation has been behaving well, moving down in a good way. post:
Fed's Powell: Broadly speaking, forecasts point to weaker growth, and higher inflation, which call for different responses, and cancel each other out. post: Fed's Powell: The drop in sentiment is partly to do with big changes by the administration on policy. post: Fed's Powell: Flows in and out of TGA got us thinking about balance sheet reductions. post: Fed's Powell: This was a good time to slow balance sheet shrinkage.
From @financialjuice|Mar 19, 2025|3 commentspost:
Fed's Powell: Forecasters have raised their possibility of a recession somewhat, but it's not high. post: FED'S POWELL: THE UNIVERSITY OF MICHIGAN INFLATION EXPECTATIONS READING IS AN OUTLIER. post: Fed's Powell: It's hard to say when we'll have a forecast we can trust, I think well get clarity on the outlook, but it's hard to say when. post: Fed's Powell: We will know in a couple of months if higher goods inflation in the first two months of the year was from tariffs. post: Fed's Powell: We're looking for direct evidence that particular pieces of inflation are caused, or not caused, by tariffs.
| Released on Mar 19, 2025 |
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