Powell’s ‘Biggest Tell’ on Where Rates are Going
Jeanette Garretty says the Fed was “very confident” after they decided to pause rate cuts this week. She says Powell’s “biggest tell” is his repeated mention that Fed policy is
FOMC Commentary – December 18, 2024
By Jeanette Garretty, Chief Economist Confirming recent expectations in financial markets, the Federal Open Market Committee (FOMC) announced a further 25bps cut in the Fed Funds rate while changing projections FOMC Commentary – November 7, 2024
By Jeanette Garretty, Chief Economist Today, the Federal Open Market Committee (FOMC) of the Federal Reserve announced a 25 bps Fed Funds rate cut, resetting the target Fed Funds rate
Recent Thoughts on the Fed Rate Cut
September 30, 2024 – Chief Investment Officer Stuart Katz and Chief Economist Jeanette Garretty discuss their thoughts on the most recent Fed rate cut. https://vimeo.com/1013625453/f6e0467a54 Disclosures Investment advisory services offered FOMC Commentary – September 18, 2024
By Jeanette Garretty, Chief Economist The Federal Open Market Committee (FOMC) announced a cut in the Federal Funds target rate by 50 bps to a target range of 4.75%-5.0%. At
FOMC commentary – june 12, 2024
Chairman Powell has a problem. He won’t forecast. He is prepared to act on interest rates more quickly “if the labor markets deteriorate unexpectedly” while at the same time acknowledging
Europe has a growth problem. Should you care?
By Jeanette Garretty and Avi Deutsch May 17, 2024 – In 2007, on the eve of the global financial crises, the economies of the European Union and the US were