Well, um, when I watched, uh, the chair at his press conference, uh, and read others people's comments, it seemed like the decision not to cut was in part dependent upon the solid jobs picture. Um, and that was what they were presented with at the time of the meeting. Um, and as Kane said, when the facts change, I change my opinion.uh and that's why I suggested that well in fact the facts had changed and you know the way to clean it up I think would have been to immediately uh follow through with a cut. Um ...

There's a lot of data we're going to get between now and September. And I walk into every meeting with an open mind about what the right thing to do is. But with the data I have right now and with the information I have, if the meeting was tomorrow, I would not see a case for reducing interest rates. ...

Powell’s appearance is expected to provide insight into whether the Fed will slacken its monetary policy and cut interest rates, which have been held between 4.25% and 4.5% since December. (Photo: Chip Somodevilla via Getty Images) https://t.co/dolHfCgPlP https://t.co/PYpUVFLiTu ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wouldn’t support lowering interest rates if central bankers were making a policy decision tomorrow https://t.co/K6qOrEgRTk ...

Federal Reserve Chair Jerome Powell delivers a must watch speech at the Jackson Hole Economic Policy Symposium on Aug. 22 at 10 am ET. Powell has been under pressure from President Donald Trump to cut interest rates. "Bloomberg Surveillance" has special live coverage beginning at 9 am ET. Tom Keene and Lisa Abramowitz are your hosts. ...

RT Bitcoin Archive (@BTC_Archive)🚨BREAKING: Morgan Stanley says the Federal Reserve will not cut interest rates in 2025. 🤔 https://t.co/eeKsVfxEea ...

The Kansas City Fed economic po policy symposium starts today in Jackson Hole, Wyoming. And that is where we find our senior economics reporter, Steve Gleeman. He has a special interview for us.Steve, good morning, Becky. As is tradition, we sat down with the host of the symposium, the Kansas City Fed President, and I started by asking Jeff Schmidt, now in his second year as president, for his comments about allegations of mortgage fraud against Fed Governor Lisa Cook. we have responsibilities responsibilit ...

Monetary Policy & Political Pressure - The report indicates President Trump and his allies are exerting significant pressure on Federal Reserve Chair Jerome Powell to lower interest rates [1] - The Federal Reserve Chair is attempting to maintain composure amidst external pressures [1]

Fed's Monetary Policy & Impact - The Federal Reserve is perceived to have maintained interest rates too low for an extended period, followed by an abrupt tightening of monetary policy [1][3] - The market is closely monitoring the Federal Reserve's actions, recognizing their significant directional impact [1] - The discussion revolves around the concept of a neutral interest rate, suggesting that the prolonged period of near-zero percent interest rates is unrealistic and unsustainable [2] Housing Market & Mortgage Rates - The expectation of mortgage rates returning to 3% is deemed unlikely [3] - The Federal Reserve's policy is seen as negatively impacting the housing market, as many refinanced at 3%, creating reluctance to move with current rates around 55%-65% [4] Confidence in Central Banks - There is a lack of faith and confidence in global central banks [4] - Central bankers are viewed critically, potentially ranking high among the villains of the 21st century [5] - Despite overall skepticism, Jerome Powell is acknowledged for doing a good job in the recent 6-9 months, aligning with market perceptions [5] Interest Rate Control & Market Influence - The Federal Reserve primarily controls short-term interest rates but lacks control over longer-term rates [6] - A previous rate cut in September, when ten-year yields were at 36%, was followed by a 1% (100 basis points) increase in those yields [5]

All right, welcome back. The July Federal Reserve minute shedding a little bit of light into the committee's conversations about where interest rates might go. Two members calling for cuts and now the focus of course shifting to Federal Reserve Chairman Jerome Powell speech in Jackson Hole, Wyoming.Rick Santelli joining us now. Rick, you put out a note to us internally about this. On one hand, they're talking about inflation and on the other hand, they're talking about weaker jobs.That's a tough combo. It i ...