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On August 12, according to foreign media reports, officials said that the Trump team expanded the field of candidates for the Federal Reserve chairperson, and Federal Reserve Governor Bowman and Federal Reserve Vice Chairperson Jefferson were included in the list of candidates. The White House is expected to announce the choice of Federal Reserve chairperson this fall.
According to foreign media reports, officials said that the Trump team has expanded the field of candidates for the Federal Reserve chairperson, including Federal Reserve Governor Bowman and Federal Reserve Vice Chairperson Jefferson. The White House is expected to announce the choice of Federal Reserve chairperson this autumn.
Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Federal Reserve Governor Paul Waller: Expect continued inflation and interest rate cuts this year.
Federal Reserve Governor Bowman: Inflation is expected to decline, but upside risks remain.
Federal Reserve Governor Bowman: Before cutting interest rates again, there needs to be greater confidence that inflation will decline.
Bowman, the governor of the Federal Reserve, said that inflation is expected to decline, but upside risks remain; there needs to be greater confidence that inflation will decline before another rate cut; and waiting patiently for a rate cut will help to gain a clearer understanding of the impact of government policy.
Barclays analysts still expect the Fed to cut rates once this year. "The current risk is that the Fed will not cut rates this year," they said in a client note. "To some extent, we place more emphasis on the non-benchmark scenario where interest rate hikes enter the discussion." (Jin Ten)
The nearly 30 per cent rise in US inflation in January was due to housing, a stubborn sub-item that the Fed must move back down soon if it is to meet its inflation target.
