Fed Rate Pulse

Cleveland Fed President Beth Hammack says now is the time to act on rates, warning inflation near 3% has stayed above target for over five years.

-...

Fed Chair Kevin Warsh slashed the post-meeting statement from 341 words to 130, eliminating all forward guidance on rates. The move aims to stop...

Regional Fed directors at four banks backed a quarter-point emergency lending rate hike, even as the FOMC voted 9-3 to hold steady. This reveals hawkish internal pressure from the Fed's regional structure ahead of the July meeting.

The dollar index held near 99 and three-month lows as traders awaited July PCE, the Fed’s preferred inflation gauge, ahead of Chair Warsh’s Jackson...

Fed's Susan Collins stressed that rates may need to rise soon without clear signs of ongoing disinflation, per Reuters reporting.

• Article 2...

Four regional Fed bank boards voted for a quarter-point discount rate hike days before the July meeting, underscoring internal hawkish pressure that was overruled in the 9-3 decision to hold policy rates steady.

Reducing FOMC meetings from eight to six would create longer gaps for more economic data to accumulate while cutting the frequency of press...

Treasury yields steadied Tuesday as markets adopt a clear wait-and-see stance ahead of key releases including Wednesday's PCE inflation reading and Q2...

Warsh's 2007-2011 forecasts flagged inflation risks earlier than peers, attributing it to lasting supply damage rather than unemployment slack.

• He...

Fed Chair Warsh's less-is-more communication strategy has created uncertainty and bond market wobbles, with the 30-year Treasury yield hitting its...

Bond market anxiety is raising the stakes for incoming Fed Chair Warsh's first policy moves after the Fed held rates unchanged in January, March, May, June and July, cut from September through December 2025, and made no changes since.

Neel Kashkari dissented from holding rates steady at the last FOMC meeting, citing five years of persistently high inflation and voicing doubt that...

• Markets brace for Warsh's Jackson Hole keynote on reaction function and portfolio composition.
• Kashkari calls long-end yield rise orderly, driven...

• Kashkari said 10-year yields at 4.7% are high vs. recent history but normal historically, with no Treasury market dysfunction or liquidity issues.
  -...

Hawkish FOMC minutes released Aug 19 showed officials lost patience with inflation overshooting the 2% target.

• Treasury doubled long-dated bond...

Markets read Warsh's July press conference as dovish after no rate hike, higher yields, and softer inflation comments, sending stocks and the dollar...

Markets watch Fed Chair Warsh’s Jackson Hole speech for signals on holding rates as 30-year yields hit highs since 2007.

• Treasury doubling buybacks...

Fed Chair Jerome Powell testifies before the House Financial Services Committee on Monetary Policy and the State of the Economy.

Markets will focus on Fed Chair Warsh's Jackson Hole speech as the main event, with Core PCE inflation closely watched after recent softer data.

Markets have priced in a neutral tone for Fed Chair Warsh's first Jackson Hole speech Friday, yet the fractured FOMC and near-19-year yield highs...