by John Luke Tyner | Aug 26, 2022 | Blog, Bonds
Powell focused on inflation and the willingness to tolerate “some pain to households and businesses” to bring inflationary pressures down. He also says that it will likely require maintaining a restrictive policy for some time. This is Fedspeak for: 1)...
by John Luke Tyner | Aug 24, 2022 | Blog, Bonds
The Fed’s annual Jackson Hole Economic Policy Symposium takes place on Friday and will open with a speech by Chair Powell at 10am EST. We expect Powell to reiterate that the FOMC remains committed to bringing inflation down and that upcoming policy decisions will...
by John Luke Tyner | Oct 25, 2021 | Blog
Fed Chairman Powell’s four-year term ends on February 5th, 2022. Historically, appointments (by the President) are typically made in October or early November for upcoming February openings. The reason for the timing is that the nomination needs to go through the...