Prepared Remarks Summary https://www.federalreserve.gov/newsevents/speech/powell20250416a.htm 1) Dual mandate Focused on the dual-mandate goals given by Congress: maximum employment and stable prices. Despite heightened uncertainty and downside risks, the U.S....
Central Bank
FOMC March 19, 2025, Press Conference Q&A Summary
The following summary represents direct quotes (with minor immaterial changes to make reading easier) from the press conference. A. Backdrop – Prepared Remarks Monetary policy actions are guided by the dual mandate to promote maximum employment and stable prices for...
FOMC March 19, 2025, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. (No Change) Inflation remains somewhat...
Future challenges for monetary policy in the Americas
The Chapultepec Conference, Bank for International Settlements Americas Office, Mexico City. February 06, 2025, Dallas Fed President Lorie K. Logan remark and comment summary https://www.dallasfed.org/news/speeches/logan/2025/lkl250206 If inflation rises, it will be a...
FOMC January 29, 2025, Press Conference Q&A Summary
The following summary represents direct quotes (with minor immaterial changes to make reading easier) from the press conference. A. Backdrop Monetary policy actions are guided by the dual mandate to promote maximum employment and stable prices for the American people....
FOMC January 29, 2025, Meeting Minutes
The FOMC January 28-29, 2025, meeting minutes shows the participants: The risk to maximum employment and price stability were roughly in balance The progress toward the 2% inflation goal had slowed with both upward and downward pressure going forward Looking for...
FOMC January 29, 2025, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. (Change) Inflation remains somewhat...
FOMC December 18, 2024, Press Conference Q&A Summary
https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20241218.pdf The following summary represents direct quotes (with minor immaterial changes to make reading easier) from the press conference. A, Backdrop Monetary policy actions are guided by the dual...
FOMC December 18, 2024, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) Job gains have slowed and the unemployment rate has moved up but remains low. (No Change) Inflation has made progress towards the 2 percent objective...
Chair Powell Speech Summary – November 14, 2024
World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber of Commerce, Dallas, Texas The labor market remains in solid condition, having cooled off from the significantly overheated conditions of a couple of years ago, and is now by...
FOMC November 7, 2024, Press Conference Q&A Summary
The following summary represents direct quotes (with minor immaterial changes to make reading easier) from the press conference. A. Backdrop The economy is strong overall and has made significant progress toward our goals over the past two years. Recent indicators...
FOMC November 7, 2024, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) Job gains have slowed and the unemployment rate has moved up but remains low. (No Change) Inflation has made further progress towards the 2 percent...
FOMC September 18, 2024, Press Conference Q&A Summary
The following summary represents direct quotes (with minor immaterial changes to make reading easier) from the press conference. A. Backdrop The U.S. economy is in good shape. It's growing at a solid pace, inflation is coming down, the labor market is in a strong...
FOMC September 18, 2024, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) Job gains have slowed and the unemployment rate has moved up but remains low. (Change) Inflation has made further progress towards the 2 percent...
Jerome Powell’s Speech at Jackson Hole
This is a summary of Chairman Jerome Powell’s August 23, 2024, speech at the annual economic symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming. CURRENT STATUS DUAL MANDATE The Federal Open Market Committee's (FOMC) objective has...
FOMC July 31, 2024, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) Job gains have moderated and the unemployment rate has moved up but remains low. (Change) Inflation has eased over the past year but remains somewhat...
FOMC July 31, 2024, Press Conference Summary
SUMMARY The FOMC sees the economy is neither overheating or sharply weakening. The labor market continues to normalize. The FOMC remains data dependent and focused on the risk of cutting rates too early or too late. Some of the Committee members examined the...
FOMC June 12, 2024, Press Conference Summary
Squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. (affirming commitment) Inflation has eased notably over the past two years but remains above the longer-run goal of 2 percent. Total...
FOMC June 12, 2024, Press Release – What has changed?
Summary: Recent indicators suggest that growth of economic activity continued to expand at a solid pace. (No Change) Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. (No Change) Inflation has eased over the past...
ECB Press Release June 6, 2024 – What has changed?
Summary Monetary policy has kept financing conditions restrictive. By dampening demand and keeping inflation expectations well anchored, this has made a major contribution to bringing inflation back down. (new) Since the Governing Council meeting in September 2023,...