Now that we've heard from the president of the UN, let's start on the next big focus for the market and that will be the Fed chair's speech this afternoon that follows the Fed's quarterpoint rate cut just last week. Joining us this morning, chief economics correspondent of the Wall Street Journal, Nick Timos is with us. Nick, good to have you.Welcome back. Thanks for having me, Carl. We always sort of have I don't know when pal speaks expressor kind of low expectations.His remarks might not get to monetary ...

Federal Reserve Chair Jerome Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon. This is Powell's first speech since the Federal Open Market Committee lowered the central bank's key borrowing rate a quarter percentage point to a range of 4%-4.25%, the first cut of the year. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cn ...

Monetary Policy Stance - The analysis suggests the appropriate Fed funds rate is in the mid 2% area, almost two percentage points lower than current policy [1] - Monetary policy is considered well into restrictive territory [3] - Short term interest rates are roughly two percentage points too tight [3] Risks and Mandates - Leading policy restrictive by such a large degree brings significant risks for the Fed's employment mandate [2] - The Federal Reserve has the goal of promoting price stability [1] - The commitment is to bring inflation sustainably back to 2% [2] Economic Outlook - Overly tight policy risks unnecessary layoffs and higher unemployment [3]

Federal Reserve Independence - The report suggests the Fed chair had a congratulatory call with the president after being sworn in [1] - The Fed chair would respectfully listen to the president's views on interest rates and economic analysis [2][3] - The Fed chair would consider the president's arguments but make decisions based on independent analysis [3] - The Fed chair has had numerous conversations with the president about the economy and economic policy [4] - The president has never asked the Fed chair to set policy in a specific way [4]

The president is entitled to his views on monetary policy. I think everyone's entitled to their views on monetary policy. He's never asked me to set policy in a specific way.I'm curious what you would do if in a phone call the president directly asked you to vive for a specific decision at the Fed. I would respectfully listen to his view and his analysis of why interest rates should be wherever they think that they should be. And he has been very forthright in his view, right.Which is not exactly the same a ...

Federal Reserve Governor Stephen Miran said interest rates are too high and made a case for lowering them aggressively in the coming months to protect the labor market https://t.co/tqGFUFRxzI ...

Money managers and strategists are betting that the Fed’s shift back to cutting interest rates will pour fuel on the biggest emerging-market bond rally in years https://t.co/EV54H6M2D1 ...

ECB interest rates are “fine where they are,” even when considering downside risks to the economy and an inflation forecast slightly below the 2% target in 2027, Governing Council member Edward Scicluna said https://t.co/8hkhiBeIaT ...

All right, newly installed Fed Governor Steven Myron is saying he favored a bigger rate cut at the recent FOMC meeting. Here with the latest on this story is our Fed correspondent Jennifer Shawnberger. Jen, good afternoon.miles. New Federal Reserve Governor Steven Myron said he favored a jumbosized rate cut at the central bank's policy meeting earlier this week because he doesn't see any inflation from tariffs and he favors a policy rate that does not restrict the economy nor spur it. Myron telling CNBC in ...

Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower interest rates this week and penciled in two additional cuts this year https://t.co/HXBHPoPyOZ ...