Fed hawks and doves in their own words

May 15 - 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: “I don't think that it is likely based on the data we have that the next move that we make will be a rate hike…It is more likely ... we hold the policy rate where it is.." May 14, 2024 Loretta Mester, Cleveland Fed President, 2024 voter*: Three rate cuts in 2024"feels about right." "It’s too early to really conclude that we stalled out or that inflation is going to reverse." May 14, 2024

Neel Kashkari, Minneapolis Fed President, 2026 voter: Penciled in two 2024 rate cuts in March."We probably need to sit here for a while longer until we figure out where underlying inflation is headed." May 15, 2024 Mary Daly, San Francisco Fed President, 2024 voter: Three rate cuts this year is"a very reasonable baseline." "I'm in a wait-and-see mode.” May 9, 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.

Fed policy 'restrictive,' but markets are 'buoyant': Fmr. Fed Pres.The market has begun to price in the comments made by Federal Reserve Chair Jerome Powell after the Fed concluded its two-day meeting on Wednesday with a...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed's Williams says next Fed move likely to be lower ratesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »