Fed Chair Powell (Q&A) says vast majority of participants do not see a hike as the next base case
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Fed Chair Powell (Q&A) says vast majority of participants do not see a hike as the next base case
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On the Newsquawk feed at , 20 minutes before this page.
- Did have a conversation today about possible two sided risks to rates
- Possibility that next move might be a hike did come up at the meeting
Context
Chair Powell's comments indicate that the majority of Federal Reserve participants do not currently anticipate a rate hike as the next likely move, suggesting a dovish tilt relative to market expectations. The mention of two-sided risks implies that while the possibility of a hike remains on the table, the prevailing sentiment leans towards maintaining the status quo in monetary policy, which could ease upward pressure on yields and support risk assets.
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