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FOMC Minutes: "Hammering Home" Inflation Messaging
Manage episode 512575365 series 3645668
Danielle DiMartino Booth (@DanielleDiMartinoBoothQI) says it was interesting that a handful of Fed members didn't see a need for a rate cut in the September meeting. She believes the Fed will continue to be data dependent, despite the government shutdown disrupting certain reports like non-farm payrolls. Danielle adds there was a "hammering home" of the message that inflation was the focal point in their dual mandate. She speaks about Fed officials commentary including from Christopher Waller and Stephen Miran and addresses the likelihood of rate cuts in the next 2 FOMC meetings.
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7958 episodes
Manage episode 512575365 series 3645668
Danielle DiMartino Booth (@DanielleDiMartinoBoothQI) says it was interesting that a handful of Fed members didn't see a need for a rate cut in the September meeting. She believes the Fed will continue to be data dependent, despite the government shutdown disrupting certain reports like non-farm payrolls. Danielle adds there was a "hammering home" of the message that inflation was the focal point in their dual mandate. She speaks about Fed officials commentary including from Christopher Waller and Stephen Miran and addresses the likelihood of rate cuts in the next 2 FOMC meetings.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7958 episodes
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