š° The #FED balance sheet shrank by $9 billion in one week.
āŖļø Bowman, Fed Chairman:
- The Fed may NOT cut rates this year.
- There are signs of low liquidity in the US debt market.
āŖļø Logan, Fed Chairman:
- It's too early to think about a Fed rate cut, given the disappointing inflation data for the first few months of the year.
āŖļø Bostick, Fed Chairman:
- I still believe that the Fed rate can be cut this year, despite the macro data.
āŖļø Daley, Fed Chairman:
- The Fed's monetary policy is restrictive, but it takes time to reduce inflation.
- The risks between the two sides of the Fed's mandate, inflation and the labor market, are now balanced.
āŖļø Collins, Fed Chairman:
- Stopping the disinflation process this year requires patience from the Fed.
- We need to keep the rate at the same level longer to achieve the inflation target.