12-10 14:15 Wednesday
FeaturesRecent opinions from Federal Reserve voting members for 2025 indicate that more than half are not in a hurry to cut interest rates.
According to CoinWorld.com, on December 10th, recent views from the Federal Reserve's 2025 voting members show that over half are not in a hurry to cut interest rates: 1. Fed Governor Milan: The economy needs significant interest rate cuts, and the Fed should lower rates to a neutral level as soon as possible. He intends to shift more of the Fed's balance sheet towards US Treasury bonds. (November 25th) 2. Fed Governor Waller: Concerned about the labor market, inflation is not a major problem. He advocates a rate cut in December, followed by decisions made at subsequent meetings. (November 24th) 3. New York Fed President Williams: Current monetary policy remains moderately restrictive. He still believes the Fed has room to cut rates in the near term without jeopardizing its inflation target. (November 21st) 4. Fed Governor Cook: A rate cut in December is possible, but this will be based on information gathered during the period, especially given the delays in official data releases due to the government shutdown. (November 4th) 5. Fed Governor Bowman: Has not recently commented on the interest rate outlook, but previously favored a rate cut. Neutral 1. Fed Chair Powell: Another rate cut in December is not a certainty; the uncertainty of action needs to be considered. If no new information is obtained and economic conditions remain unchanged, there will be reason to slow the pace of rate cuts. (October 31) 2. Fed Governor Barr: Expressed concern about inflation remaining at 3%. Monetary policy needs to be carefully formulated to balance risks. (November 20) 3. Fed Governor Jefferson: With interest rates nearing neutral levels, policymakers need to proceed with policy adjustments more cautiously. Unemployment is expected to rise slightly by the end of the year. (November 17) 4. Chicago Fed President Goolsby: Uneasy about the idea of a large rate cut ahead of schedule. I believe interest rates will fall in the medium term, but we need to get through the current phase first. (November 21) Cautious 1. Kansas City Fed President Schmid: Further rate cuts could have a lasting impact on inflation. The arguments in October supporting keeping interest rates unchanged still guide me until the December decision is made. (November 14) 2. St. Louis Fed President Musaleem: Current monetary policy is closer to neutral than slightly tight. This means there is limited room for further easing without becoming excessively loose. (November 14) 3. Boston Fed President Collins: Given the continued risks to both inflation and employment objectives, there are still reasons to be cautious about a December rate cut. (November 22)
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