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Fed Chair Powell (Q&A) says when Fed did quarterly press conference, we only ever moved at those meetings

Fed Chair Powell's comments suggest the Fed is contemplating the necessity of quarterly press conferences, which have become a standard practice.

Newsquawk StaffPublished On the live feed at — 18 more headlines followed before this page went public
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Fed Chair Powell (Q&A) says when Fed did quarterly press conference, we only ever moved at those meetings

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  • It has become the industry standard, but doesn't know if it needs to remain that way
  • Press conferences after every meeting is the norm, people have become used to it
Context

If the Fed were to change this routine, it could signal a shift in communication strategy, potentially impacting market expectations and volatility around rate decisions, particularly in the USD and fixed-income markets.

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