What do you make of the criticisms that you are too close to the president to be independent enough to be considered the next Fed chair. >> Well, well, it's true that I'm close to the president, we've worked together closely since 2017. I think that the idea that uh being close to the president and serving uh the president well uh disqualifies someone for any job.It just doesn't make any sense to me. The job of the Federal Reserve chair is to run the Federal Reserve independently. Uh it's also the job of th ...

The Kelsey prediction markets agree by the way with Hasset now back ahead of former Fed Governor Kevin Worsh who took the lead I think just this week. Hasset leading the odds today with a 53% chance of getting the nod. Worsh down to 34.While the market debates which Kevin could win the horse race, we wanted to ask what would be the real difference between them as far as the market can discern. Let's bring in Dan Clifton. He's head of policy research at Strategus.Dan, the task goes to you. I'm sure everyone ...

Federal Reserve Bank of New York President John Williams said monetary policy is well positioned for next year following last week’s interest-rate reduction https://t.co/I60GiQO6gB ...

The facts are pulling monetary policy in opposing directions. At such times, it's good to disagree (via @opinion) https://t.co/Ch6srt0iIH ...

The final flurry of global monetary policy decisions for 2025 is likely to showcase how the easing cycle in advanced economies either lacks fresh impetus or is effectively over https://t.co/fQZTYyrACy ...

Roger, settle this for us. Was it hawkish. Was it doubbish.The fact that they're going to buy bonds on the short end, does that have the same impact uh as it just a deeper cut. No, I I think they're trying to avoid sending the message that the buying bonds on the short end had anything to do with monetary policy. Um was it hawkish. Was it dovish.I'd have to say it was uh distinctly undecided. You know, as you point out, there were three descents. One in favor of more uh reductions, two in favor of holding.a ...

China’s economic policymakers pledged to implement a “moderately loose” monetary policy and “more proactive” fiscal measures to bolster the economy https://t.co/Mv4eGQ4HqI ...

#BREAKING: The Federal Reserve on Wednesday opted to cut interest rates, the third-straight vote in favor of a reduction, as Wall Street anticipated a cautious approach to monetary policy from the central bank next year.Read more: https://t.co/gNULkopYBy https://t.co/c5y10Ir3qC ...

Watch live coverage as the Federal Reserve announces its final monetary policy decision of the year. Investors expect the Fed to deliver its third straight interest rate cut , while simultaneously firing a warning shot about what’s ahead. The rate-setting FOMC is split between members who favor cuts to head off further weakness in the labor market and those who think easing has gone far enough and threatens to aggravate inflation. In addition to the rate decision and the statement, investors will be watchin ...

Interest Rate Policy - The Federal Reserve is expected to announce its third consecutive interest rate cut [1] - The anticipated rate cut is a quarter-percentage point (0.25%), reducing the key interest rate to a range of 3.5% to 3.75% [1] Key Personnel - Federal Reserve Chairman Jerome Powell will deliver remarks following the Fed's policy meeting [1] Media & Access - CNBC will provide live and exclusive video coverage of Jerome Powell's remarks [1]