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Fed Chair Powell: We haven't made any decision about January
CNBC Television· 2025-12-10 20:31
This is the last post FOMC press conference uh before an important Supreme Court uh hearing next month. Can you talk about how you're hoping the Supreme Court will rule and uh I'm just curious why the Fed's been so reticent on such a pivotal matter. >> It's not something I I want to address here, Andrew.Um you know, we're not uh we're not legal commentators. It's it's before the courts and uh we think our we we don't think that we help matters by trying to engage as a as a as a as a public discussion of tha ...
Fed's completing the normalization process, says Georgetown's Paul McCulley
CNBC Television· 2025-12-09 19:02
Paul, I we all obviously sympathize with the point of view that if the labor market's worse than we realize, you might want to cut half a point, but the data that we've gotten seem okay. I mean, the jobless claims data alone would seem to tell you there's no major cyclical problem here. >> I think that's right, which is why I think the best way to describe what the Fed's doing now is completing the normalization process.They took off 100 basis points in 24. after tomorrow they have 75 basis points this year ...