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In a recent meeting, Federal Reserve Chair Jerome Powell emphasized the need for patience in observing inflation trends before considering any adjustment to interest rates, stressing that current policy remains restrictive by many measures. Wilmington Trust’s Chief Economist Luke Tilley recently spoke with Bloomberg where he acknowledged Powell's sentiments, emphasizing that if the Fed feels the need to stay at this level for a longer period, it will. #Fed #Inflation #MarketOutlook

In a recent meeting, Federal Reserve Chair Jerome Powell emphasized the need for patience in observing inflation trends before considering any adjustment to interest rates, stressing that current policy remains restrictive by many measures. Wilmington Trust’s Chief Economist Luke Tilley recently spoke with Bloomberg where he acknowledged Powell's sentiments, emphasizing that if the Fed feels the need to stay at this level for a longer period, it will. #Fed #Inflation #MarketOutlook

Federal Reserve Chair Jerome Powell is expected to emphasize "no rush to cut interest rates" due to ongoing price pressures. Powell's upcoming testimony will stress patience in rate decisions, supported by recent inflation data. Despite concerns from Democrats about high borrowing costs impacting the economy, Powell and colleagues maintain a cautious approach. The week ahead includes key economic events like the jobs report and Fed's Beige Book survey. #FedRates #JeromePowell #InterestRates #InflationData #EconomicOutlook #JobsReport #GlobalEconomy #CentralBanks #MonetaryPolicy #ChinaStimulusMeasures Source: Bloomberg, ChatGPT https://lnkd.in/e4-8XWzN

Powell confirms that a March cut really isn't on the table, but makes soothing noises about being "really, really close". Like, practically almost there, just cool your jets. The more interesting bit is that he utterly disagrees with Larry Summers and think rates are “now are well into restrictive territory.” I find that a bit surprising given just how strong the economy has remained over the last year, but it's quite possible that we haven't seen the last of the "lagging effects" of increases and the Fed anticipates significant slowing from here. Neel Kashkari seems to fall into the "not that restrictive" camp: “We thought we had two feet on the brakes, but maybe we have only one foot on the brakes" "Powell repeated his view Thursday that the central bank was looking for greater confidence that inflation was returning to its 2% target, but he went one step further during his second day of testimony on Capitol Hill by qualifying how soon the Fed might get there. “When we do get that confidence, and we’re not far from it, it will be appropriate to dial back” interest rates to avoid tipping the economy into a recession, he said." #FOMC #rates #economy #powell #larrysummers #kashkari

Chair Powell reiterates the sense of the December FOMC meeting's dots and recent FedSpeak. Chair Powell reiterated what members of the Fed have been saying and offered no new "signal" about the timing and/or scale of policy rate cuts later this year. ====== Powell Tells Congress Fed Needs More Confidence on Inflation to Cut - Bloomberg - Says likely appropriate to cut rates ‘at some point this year’ - Powell expects broad, material changes to Fed capital proposal Federal Reserve Chair Jerome Powell reiterated to lawmakers that the US central bank is in no rush to cut interest rates until policymakers are convinced they have won their battle over inflation. In testimony before a House panel Wednesday, the Fed chief said it will likely be appropriate to begin lower borrowing costs “at some point this year,” but made clear officials are not ready yet. The remarks echoed a consistent message from nearly every Fed official in recent weeks: The economy and labor market are strong, meaning policymakers have time to wait for more evidence that inflation is headed back to their goal before cutting rates. “The committee does not expect that it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” Powell told the House Financial Services Committee, adding later that officials would approach the decision “carefully and thoughtfully.” ====== #federalreserve #fomc #FedSpeak #monetarypolicy #moneymarkets #moneymarket #interestrates #economy #economy2024 #cashisking #cashmanagement  ---------- The views expressed herein are those of the author and do not necessarily reflect the views of Morgan Stanley Wealth Management or its affiliates.  All opinions are subject to change without notice.  https://lnkd.in/eY84-78P

📈 Fed Chair Powell says holding rates high for too long could jeopardize economic growth In his latest speech, Federal Reserve Chair Jerome Powell expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage for a two-day appearance on Capitol Hill this week, the central bank leader said that the economy and labour market have stayed strong despite recent cooling. Let's weighs in on how long is too long, the scale of rate cuts we might see in the coming months; whether a lack of market breadth kept the S&P 500′s gains in check; if we're seeing central bank divergence currently; as well as her top conviction calls. 🎧 Find Out More: https://bit.ly/463MLoO

📉 Jerome Powell: Pleased with Inflation's Downtrend! 📉 Federal Reserve Chair Jerome Powell expressed satisfaction with the recent resumption of inflation's downtrend after an early-year rebound. This positive development suggests the potential for the Fed to lower interest rates by the end of summer. However, Powell remains cautious and has not yet endorsed such a move. 🗣️ “We’ve made a lot of progress,” Powell stated on Tuesday during a panel with other central bankers at a conference in Portugal. 🌟 As we continue to monitor these economic shifts, it's crucial for the real estate market and investors to stay informed and prepared for potential rate changes. Lower interest rates could mean new opportunities for buyers and sellers alike. 📊 #JeromePowell #FederalReserve #Inflation #InterestRates #RealEstate #EconomicOutlook #InvestmentOpportunities Let's keep the conversation going! What are your thoughts on the potential for interest rate cuts and their impact on the market? Share below! 👇

Economic Outlook: Federal Reserve’s Rate Hikes Thomas Barkin of the Federal Reserve has indicated that the effects of the central bank’s rate hikes are still unfolding. He expects that the continued restrictive policy will decelerate economic growth and help bring inflation closer to the 2% goal. Meanwhile, Citadel’s Ken Griffin has posited that the Fed might lower rates in December if not in September, endorsing the central bank’s strategy to maintain higher rates for an extended period. Additionally, we’re anticipating insights from Neel Kashkari later today, on a day with fewer scheduled appearances from Fed officials. This ongoing monetary policy adjustment is crucial for businesses and investors alike. What are your predictions for the economy following these strategic moves by the Fed? Join the conversation and share your perspective. #FederalReserve #EconomicPolicy #InflationControl #InterestRates

Federal Reserve Chair Jerome Powell has indicated that the Fed is likely to implement two more quarter-point interest rate cuts this year, provided the economy continues to perform as expected. This approach contrasts with market expectations of a more aggressive half-point cut following the recent reduction in September. Powell emphasized that the economy remains strong and that the pace of rate cuts will be data-driven. This cautious stance aims to balance supporting economic growth while ensuring inflation remains under control.

While still treading carefully to avoid undoing the progress made on taming inflation, Jerome Powell signaled that interest rates might have hit their highest point for this cycle, suggesting rate cuts could happen later in the year if things go as planned. The balancing act of promoting growth without letting inflation slip out of control continues. More to come. https://lnkd.in/gRuQKBkR #cre #commercialrealestate #investmentsales #commercialrealestateinvestment