Fed policy has a heightened data dependency, leading to increased volatility in the bond market. The UST market’s narrative has shifted toward the possibility of rate cuts, but the Fed does not appear ...
Ask a Federal Reserve official where economic growth, inflation, and interest rates are going, and you’re unlikely to get an answer. The central bank is in data-dependent, wait-and-see mode, with ...
One phrase heard repeatedly in recent years is that monetary policy will be “data dependent.” In his Jackson Hole remarks, Chair Powell seems to have avoided the phrase while repeatedly emphasizing ...
Chairman Powell keeps reassuring us that the Fed is "data-dependent," but what do they do if some data is unclear or even flawed? There is a conflict between the ADP jobs data and the Labor Department ...
Hints of a Hike. Data dependency is not just for Federal Reserve officials these days, it seems. Investors proved today that they are willing to take their wins where they can these days—even if ...