April 22 - The labels"dove" and"hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market and a hawk more focused on the threat of inflation.
Jerome Powell, Fed Chair, permanent voter:"Right now, given the strength of the labor market and progress on inflation so far, it's appropriate to allow restrictive policy further time to work and let the data and the evolving outlook guide us." April 16, 2024 Loretta Mester, Cleveland Fed President, 2024 voter*: Three rate cuts in 2024"feels about right." "At some point, as we get more confidence, we will start to normalize policy back to a less restrictive stance, but we don't have to do that in a hurry." April 17, 2024
Jeffrey Schmid, Kansas City Fed President, 2025 voter:"This recent data underscores what I believe is the need for the Federal Reserve to be patient as we wait for clear and convincing evidence that inflation is on track to sustainably return to 2%." April 12, 2024 Lorie Logan, Dallas Fed President, 2026 voter:"I believe it's much too soon to think about cutting interest rates." April 5, 2024
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »