What is our position on cutting interest rates? Here's the latest news from Federal Reserve officials
Despite a slight slowdown, the economy is still booming, and the possibility that interest rates will be cut at the March 20 meeting is minimal, just 2%.
In this article, we'll consider recent statements from members of the Federal Reserve, which all support interest rate cuts to varying degrees.
Meanwhile, Powell's position favors evidence that inflation continues to fall before considering cutting interest rates.
Despite the recent slight slowdown, the economy and job market remain strong.
As of today, there is little chance that interest rates will be cut at the next meeting on March 20. Currently, the probability is 98%.
With that in mind, let's take a look at the statements made by the members of the Federal Reserve about a possible rate cut this year.
This will allow us to determine when the first rate cuts will occur and how many times they are likely to be cut this year.
In this article, we'll consider recent statements from members of the Federal Reserve, which all support interest rate cuts to varying degrees.
Meanwhile, Powell's position favors evidence that inflation continues to fall before considering cutting interest rates.
Despite the recent slight slowdown, the economy and job market remain strong.
As of today, there is little chance that interest rates will be cut at the next meeting on March 20. Currently, the probability is 98%.
With that in mind, let's take a look at the statements made by the members of the Federal Reserve about a possible rate cut this year.
This will allow us to determine when the first rate cuts will occur and how many times they are likely to be cut this year.
What did the members of the Federal Reserve say recently?
If Powell has been tougher than expected in recent media appearances, then it's important to consider the opinions of other members.
Let's take a quick summary of recent public statements:
Daly (San Francisco Federal Reserve): Support is atinflationaryCut interest rates before reaching the 2% target. It is advocated not to wait to avoid the risk of a recession.
Williams (New York Federal Reserve): In favor of cutting interest rates, but emphasizes a cautious approach based on regular economic data.
Mester (Cleveland Fed): Tends to cut interest rates and suggests that interest rates may be cut up to 3 times, depending on the continued decline in inflation and the possibility of continued fluctuations in the labor market.
Goulsby (Chicago Federal Reserve): Supports interest rate cuts and expressed concern that if interest rates remain at current levels, they may have a negative impact on the labor market. It is believed that the economy will continue to maintain a strong pace.
Bostic (Atlanta Federal Reserve): Supports interest rate cuts and specifies a possible schedule, pointing out that summer is a reasonable period for interest rate adjustments.
Collins (Boston Federal Reserve): Advocates interest rate cuts, focusing on the housing portion of inflation. It is recommended that if this component falls further, interest rate cuts would be appropriate; this component occupies an important position in the consumer price index.
If Powell has been tougher than expected in recent media appearances, then it's important to consider the opinions of other members.
Let's take a quick summary of recent public statements:
Daly (San Francisco Federal Reserve): Support is atinflationaryCut interest rates before reaching the 2% target. It is advocated not to wait to avoid the risk of a recession.
Williams (New York Federal Reserve): In favor of cutting interest rates, but emphasizes a cautious approach based on regular economic data.
Mester (Cleveland Fed): Tends to cut interest rates and suggests that interest rates may be cut up to 3 times, depending on the continued decline in inflation and the possibility of continued fluctuations in the labor market.
Goulsby (Chicago Federal Reserve): Supports interest rate cuts and expressed concern that if interest rates remain at current levels, they may have a negative impact on the labor market. It is believed that the economy will continue to maintain a strong pace.
Bostic (Atlanta Federal Reserve): Supports interest rate cuts and specifies a possible schedule, pointing out that summer is a reasonable period for interest rate adjustments.
Collins (Boston Federal Reserve): Advocates interest rate cuts, focusing on the housing portion of inflation. It is recommended that if this component falls further, interest rate cuts would be appropriate; this component occupies an important position in the consumer price index.
How should we position our investment portfolio?
However, it's important to remember that portfolio decisions should focus on factors within our control, such as asset allocation, rebalancing, risk management, and setting goals and time frames, while taking into account the inherent uncertainty of predicting future events.
However, it's important to remember that portfolio decisions should focus on factors within our control, such as asset allocation, rebalancing, risk management, and setting goals and time frames, while taking into account the inherent uncertainty of predicting future events.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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