At the end of that speech at Columbia, you nodded to the fact that recessions are inevitable. Fed's job It's going to forestall them as much as they can. Policymakers, jobs or that.I'm very curious when you look at the labor market in particular, the rise that we've seen in the unemployment rate, that's kind of rise we've seen customarily before recessions. How do you assess the risk of there being a recession here in the near term when you look at the labor market, for instance. So I don't see a recession ...

The Bank of England cut its policy rate by 25 basis points to 3.75% as of December 18, in line with expectations, from a previous level of 4.00%. The decision met market forecasts, following the bank’s earlier pause in its quarterly rate-cut cycle that had been in place since August 2024. ...

Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year https://t.co/rzFj2jNegq ...

In the committee's discussions at this meeting, there were strongly differing views about how to proceed in December. A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it.Policy is not on a preset. ...

Inflation Trends - Pakistan's inflation accelerated after the government increased domestic fuel prices [1] Monetary Policy Implications - The inflation acceleration vindicated policymakers' decision to keep the policy rate unchanged two days prior [1]