Multiple financial institutions and Federal Reserve officials, including UBS, TD Securities, and Wells Fargo, expect the Federal Reserve to start cutting interest rates in September 2024, with UBS predicting two rate cuts of 25 basis points each. Fed's Williams emphasizes the uncertain outlook and the need for data-driven decisions, foreseeing inflation at 2.25-2.5% this year and expecting it to settle back to 2% next year. Williams also anticipates the unemployment rate to rise to 4% this year but does not see a financial stability crisis from commercial real estate. Meanwhile, Fed's Collins anticipates 'in the range of two' rate cuts for 2024 and expects inflation pressures to diminish later this year.
Bostic is not in a hurry to cut interest rates. Sees one cut by year end
*BOSTIC: `I AM NOT IN A HURRY' TO CUT INTEREST RATES brrrrandon is
🚨 BOSTIC: “I AM NOT IN A HURRY' TO CUT INTEREST RATES
🇺🇸 FED'S BOSTIC: MY 2024 OUTLOOK IS ONE RATE CUT TOWARD END OF THE YEAR BOSTIC SAYS `I AM NOT IN A HURRY' TO CUT INTEREST RATES
BOSTIC: “I AM NOT IN A HURRY' TO CUT INTEREST RATES
BOSTIC: 2024 OUTLOOK IS ONE RATE CUT TOWARD END OF THE YEAR
BOSTIC SAYS `I AM NOT IN A HURRY' TO CUT INTEREST RATES
❖ BOSTIC: 2024 OUTLOOK IS ONE RATE CUT TOWARD END OF THE YEAR ❖ BOSTIC: “I AM NOT IN A HURRY' TO CUT INTEREST RATES
FED'S BOSTIC: MY 2024 OUTLOOK IS ONE RATE CUT TOWARD END OF THE YEAR.
FED'S COLLINS: I NEED TO SEE WHAT DATA IS TELLING US, IT HAS BEEN MIXED SO FAR.
🇺🇸 FED'S COLLINS: I NOW SEE FED CUTTING LATER THAN PREVIOUSLY THOUGHT
FED'S COLLINS: POLICY IS NOT ON A PRESET PATH || SAYS TOO SOON TO TELL IF IT'S AN INFLATION BUMP OR MORE POLICY IS “MODERATELY RESTRICTIVE’ AT THIS POINT -- NOW SEE FED CUTTING LATER THAN PREVIOUSLY THOUGHT
🔴 FED'S COLLINS: I NOW SEE FED CUTTING LATER THAN PREVIOUSLY THOUGHT.
FED'S COLLINS: NOW SEE FED CUTTING LATER THAN PREVIOUSLY THOUGHT
FED'S COLLINS: POLICY IS MODERATELY RESTRICTIVE AT THIS POINT.
FED'S COLLINS: I WOULDN'T SAY THERE'S NO RISK OF THE FED WAITING TOO LONG.
FED'S COLLINS: WAGES ARE IN LINE WITH 2% INFLATION GIVEN PRODUCTIVITY.
🇺🇸 FED'S COLLINS: THE CPI NUMBERS WERE ON THE HIGH END OF EXPECTATIONS 🇺🇸 FED'S COLLINS: IT IS TOO SOON TO TELL IF IT'S AN INFLATION BUMP OR MORE
FED'S COLLINS: THIS ENVIRONMENT CALLS FOR PATIENCE AND BEING METHODICAL.
FED'S COLLINS: I AM VERY OPTIMISTIC THAT WE'LL SEE INFLATION COME DOWN.
COLLINS: POLICY IS NOT ON A PRESET PATH COLLINS: TOO SOON TO TELL IF IT'S AN INFLATION BUMP OR MORE COLLINS: CPI DOESN'T CHANGE OUTLOOK FOR INFLATION TO COME DOWN COLLINS: CPI NUMBERS WERE ON `HIGH END' OF EXPECTATIONS
FED'S COLLINS: IT IS TOO SOON TO TELL IF IT'S AN INFLATION BUMP OR MORE.
FED'S COLLINS: THE CPI NUMBERS WERE ON THE HIGH END OF EXPECTATIONS.
Exclusive: Fed's Collins eyes about two rate cuts this year - Reuters https://t.co/KyWEl1QGCy
Exclusive: Fed's Collins eyes about two rate cuts this year https://t.co/zdXCzwCSRK https://t.co/W45rv9zN4R
⚠️ EXCLUSIVE-FED'S COLLINS EYES ABOUT TWO RATE CUTS THIS YEAR Full Story → https://t.co/cX4iPlppYN Federal Reserve Bank of Boston President Susan Collins is eyeing a couple of interest rate cuts this year amid expectations it could still take some time to get inflation back…
🔴 FED’S COLLINS: WE CAN’T PRE-JUDGE WHEN THE FED CAN BEGIN CUTTING RATES.
🔴 FED’S COLLINS: I'M STILL EXPECTING INFLATION PRESSURES TO WANE LATER THIS YEAR.
🔴 FED’S COLLINS: I SEE IN THE RANGE OF TWO RATE CUTS FOR 2024.
🔴 FED’S COLLINS: A RATE HIKE NOT PART OF BASELINE BUT CAN'T BE FULLY RULED OUT.
Fed’s Collins: See 'In The Range Of Two' Rate Cuts For 2024 -Can’t Pre-Judge When Fed Can Start Cutting Rates
FED’S COLLINS: CAN’T PRE-JUDGE WHEN FED CAN START CUTTING RATES
FED’S COLLINS: SEES 'IN THE RANGE OF TWO' RATE CUTS FOR 2024
“We now expect the Fed to start cutting rates in December. We no longer think policymakers will gain the confidence they need to start cutting in June. 2024 is starting to look like 2015, but in reverse” BofA’s Mike Gapen
🔴 BOFA GLOBAL RESEARCH SEES ONE RATE CUT FROM FEDERAL RESERVE IN 2024, STARTING IN DECEMBER.
❖ BOFA GLOBAL RESEARCH SEES ONE RATE CUT FROM FEDERAL RESERVE IN 2024, STARTING IN DECEMBER
BOFA GLOBAL RESEARCH SEES ONE RATE CUT FROM FEDERAL RESERVE IN 2024, STARTING IN DECEMBER
INBOX: Bank of America - in the June Fed cut camp as recently as Monday, drops a bombshell: "One cut in 2024" "We now expect the Fed to start cutting rates in December. We no longer think policymakers will gain the confidence they need to start cutting in June" (4 cuts in 2025) https://t.co/ffFLrSriO2
🔴 FED'S COLLINS: SHORT-TERM INFLATION EXPECTATIONS ARE NOW CONSISTENT WITH THE 2% INFLATION GOAL.
🔴 FED'S COLLINS: IT'S TOO EARLY TO MAKE SENSE OF RECENT RISE IN PRODUCTIVITY.
🔴 FED'S COLLINS: FIRST QUARTER CPI FIGURES HIGHER THAN I HAD HOPED.
🔴 FED'S COLLINS: WAGE GROWTH IS CONSISTENT WITH THE PATH BACK TO 2% INFLATION.
Fed’s Collins: Recent data ‘reduces the urgency to ease’ https://t.co/DFlVIXiEas
🔴 FED'S COLLINS: ECONOMIC UNCERTAINTY IS ELEVATED.
⚠️ FED'S COLLINS SEES NO URGENCY TO CUT RATES Full Story → https://t.co/4y58aKf2J5 Federal Reserve Bank of Boston President Susan Collins said Thursday the strength of the economy and uneven retreat of inflation argues against a near term push to lower rates by the central… https://t.co/GepRKb0EaI
🔴 FED'S COLLINS: FED POLICY IS WELL POSITIONED FOR THE CURRENT ECONOMY.
🔴 FED'S COLLINS: I EXPECT INFLATION TO CONTINUE TO MODERATE.
🔴 FED'S COLLINS: THE ECONOMY IS RESILIENT IN THE FACE OF THE FED RATE POLICY.
🔴 FED'S COLLINS: MAY TAKE LONGER TO GET INFLATION BACK TO 2%.
🔴 FED'S COLLINS: DISINLFLATION IS LIKELY TO CONTINUE TO BE UNEVEN.
🔴 FED'S COLLINS: THE ECONOMIC STRENGTH MAY MEAN THAT FED POLICY IS NOT AS RESTRICTIVE AS WE THOUGHT.
FED'S COLLINS - RECENT DATA ARGUE AGAINST IMMINENT NEED TO CHANGE RATES || STILL EXPECTS RATE CUTS THIS YEAR || ECONOMIC STRENGTH MAY AUGER FEWER RATE CUTS FED'S COLLINS: DISINLFLATION LIKELY TO CONTINUE TO BE UNEVEN || RECENT INFLATION DATA HAVEN’T CHANGED VIEW ABOUT OUTLOOK ||…
🔴 FED'S COLLINS: RECENT INFLATION DATA HASN'T THE CHANGED VIEW ABOUT THE OUTLOOK.
🔴 FED'S COLLINS: STRONG JOB MARKET REDUCES URGENCY OF RATE CUT NEED.
🔴 FED'S COLLINS: ECONOMIC STRENGTH MAY AUGER FEWER RATE CUTS.
🔴 FED'S COLLINS: RECENT DATA ARGUE AGAINST IMMINENT NEED TO CHANGE RATES.
🔴 FED'S BARKIN: SUPPLY SHORTAGES NOT MOVING INFLATION DATA AS MUCH.
🔴 FED’S WILLIAMS: EVENTUALLY WE WILL NEED TO CUT RATES.
FED’S WILLIAMS: NO NEED TO CHANGE MONETARY POLICY ‘IN VERY NEAR TERM’ || ‘EVENTUALLY’ WILL NEED TO CUT RATES || FED RATE HIKE NOT PART OF BASELINE VIEW FOR OUTLOOK
🔴 FED’S WILLIAMS: A FED RATE HIKE IS NOT PART OF BASELINE VIEW FOR THE OUTLOOK.
🔴 FED’S WILLIAMS: FED POLICY IS MAKING PROGRESS WORKING OUT ECONOMIC IMBALANCES.
🔴 FED’S WILLIAMS: CORE SERVICES EX-HOUSING INFLATION IS FALLING FASTER THAN EXPECTED.
🔴 FED’S WILLIAMS: SHELTER INFLATION SLOWER TO COME DOWN THAN EXPECTED.
🔴 FED’S WILLIAMS: RECENT INFLATION SETBACKS ARE NOT A SURPRISE TO THE FED.
🇺🇸 FED'S BARKIN: I'M A LITTLE RELUCTANT TO DECLARE VICTORY ON INFLATION
🔴 FED'S BARKIN: I'M A LITTLE RELUCTANT TO DECLARE VICTORY ON INFLATION.
🔴 FED'S BARKIN: INFLATION DATA RAISE QUESTION IF WE ARE SEEING A SHIFT.
🔴 FED'S BARKIN: IT'S SMART TO TAKE TIME, TO SEE IF INFLATION SLOWS.
Fed’s Barkin: Not Yet Where We Want To Be On Inflation, But ‘Headed In Right Direction’ Over A Longer Time Frame
🔴 FED'S BARKIN: THE FED IS NOT YET WHERE WE WANT TO BE ON INFLATION, THOUGH IT IS HEADED IN THE RIGHT DIRECTION OVER A LONGER TIME FRAME.
Fed's Barkin: Latest Inflation Data Did Not Boost Confidence Disinflation Is Spreading In The Economy - Latest Inflation Data Looks Similar To End-2023; With Goods Prices Falling, Shelter Moving Sideways And Services Increasing
RICHMOND FED'S BARKIN: LATEST INFLATION DATA DID NOT INCREASE CONFIDENCE THAT DISINFLATION IS SPREADING IN THE ECONOMY FED'S BARKIN: LATEST INFLATION DATA LOOKS LIKE IT DID AT END 2023, WITH GOODS PRICES FALLING, SHELTER MOVING SIDEWAYS AND SERVICES INCREASING
🔴 FED'S BARKIN: THE LATEST INFLATION DATA LOOKS LIKE IT DID AT END 2023, WITH GOODS PRICES FALLING, WITH SHELTER MOVING SIDEWAYS AND SERVICES INCREASING.
🔴 FED'S BARKIN: THE LATEST INFLATION DATA DID NOT INCREASE CONFIDENCE THAT DISINFLATION IS SPREADING IN THE ECONOMY.
FED'S BARKIN: LATEST INFLATION DATA DID NOT INCREASE CONFIDENCE THAT DISINFLATION IS SPREADING IN THE ECONOMY
Fed’s Williams sees inflation falling to 2% despite recent ‘bumps’ https://t.co/I7rrvA7nq8
🔴 FED'S WILLIAMS: I DON'T SEE A FINANCIAL STABILITY CRISIS FROM COMMERCIAL REAL ESTATE.
🔴 FED'S WILLIAMS: WE DON'T SEE A FINANCIAL STABILITY CRISIS FROM COMMERCIAL REAL ESTATE.
🔴 FED'S WILLIAMS: MONETARY POLICY IS WELL POSITIONED TO ACHIEVE THE FED'S GOALS.
🔴 FED'S WILLIAMS: THE ECONOMY IS IN A GOOD PLACE RIGHT NOW.
🔴 FED'S WILLIAMS: I DON'T KNOW EXACTLY WHAT LIES AHEAD FOR MONETARY POLICY.
🔴 FED'S WILLIAMS: IT IS BETTER TO FOCUS ON TREND FOR INFLATION.
🔴 FED'S WILLIAMS: RECENT INFLATION DATA HAS BEEN DISAPPOINTING.
FED'S WILLIAMS: RECENT INFLATION DATA HAS BEEN DISAPPOINTING
FED'S WILLIAMS: US ECONOMY HAS BENEFITED FROM POSITIVE SUPPLY SHOCK || INFLATION FELL FASTER THAN EXPECTED LAST YEAR || FED'S WILLIAMS: INFLATION FELL FASTER THAN EXPECTED LAST YEAR || PROCESS OF LOWER INFLAITON HAS HIT SOME BUMPS
🔴 FED'S WILLIAMS: THE PROCESS OF LOWER INFLATION HAS HIT SOME BUMPS.
🔴 FED'S WILLIAMS: INFLATION FELL FASTER THAN EXPECTED LAST YEAR.
🔴 FED'S WILLIAMS: THE US ECONOMY HAS BENEFITED FROM POSITIVE SUPPLY SHOCKS.
🔴 FED'S WILLIAMS: I SEE A "GREAT DEAL" OF UNCERTAINTY OVER ECONOMY.
⚠️ FED'S WILLIAMS SAID OUTLOOK UNCERTAIN, DATA WILL DRIVE RATE DECISIONS Full Story → https://t.co/vQWKNbdyUL Federal Reserve Bank of New York President John Williams said on Thursday that the U.S. central bank has made considerable progress lowering inflation, while noting… https://t.co/UaLHPdKvvk
🇺🇸 FED’S WILLIAMS: INFLATION TO STAND AT 2.25-2.5% THIS YEAR 🇺🇸 FED’S WILLIAMS: INFLATION MOVING TOWARD 2%, I EXPECT FURTHER BUMPS
FED’S WILLIAMS: REMAINS FOCUSED ON GETTING INFLATION BACK TO 2% || EXPECTS US GDP TO HIT 2% THIS YEAR
🔴 FED'S WILLIAMS: COMMERCIAL REAL ESTATE IS AN AREA OF CONCERN, WILL TAKE TIME TO RESOLVE.
🔴 FED’S WILLIAMS: INFLATION MOVING TOWARD 2%, I EXPECT FURTHER BUMPS.
🔴 FED'S WILLIAMS: THE FED HAS MADE ‘CONSIDERABLE PROGRESS’ ON LOWERING INFLATION.
FED’S WILLIAMS: EXPECTS UNEMPLOYMENT RATE TO RISE TO 4% THIS YEAR || INFLATION TO STAND AT 2.25%-2.5% THIS YEAR || EXPECTS INFLATION TO SETTLE BACK TO 2% NEXT YEAR
FED’S WILLIAMS: FED FORECASTS RATE CUTS STARTING THIS YEAR || OUTLOOK IS UNCERTAIN, FED MUST BE DATA DEPENDENT || INFLATION MOVING TOWARD 2%, EXPECTS FURTHER BUMPS FED’S WILLIAMS: FED HAS MADE ‘CONSIDERABLE PROGRESS’ ON LOWERING INFLATION || RISKS BETWEEN INFLATION, UNEMPLOYMENT…
🔴 FED’S WILLIAMS: RISKS BETWEEN INFLATION, UNEMPLOYMENT MOVING INTO BETTER BALANCE.
FED’S WILLIAMS: FED HAS MADE ‘CONSIDERABLE PROGRESS’ ON LOWERING INFLATION || RISKS BETWEEN INFLATION, UNEMPLOYMENT MOVING INTO BETTER BALANCE
🔴 FED’S WILLIAMS: INFLATION TO STAND AT 2.25-2.5% THIS YEAR.
Fed's Williams Sees Gradual, Bumpy Return to 2% Inflation https://t.co/myIIyH0D5y
🔴 FED’S WILLIAMS: I EXPECT UNEMPLOYMENT RATE TO RISE TO 4% THIS YEAR.
🔴 FED'S WILLIAMS: EXPECTS INFLATION TO SETTLE BACK TO 2% NEXT YEAR.
🔴 FED’S WILLIAMS: WE REMAIN FOCUSED ON GETTING INFLATION BACK TO 2%.
🔴 FED’S WILLIAMS: EXPECTS US GDP TO HIT 2% THIS YEAR.
🔴 FED’S WILLIAMS: HOUSING VERY STRONG BUT DOESN’T SEE SIGN OF BUBBLE.
🔴 FED’S WILLIAMS: THE JOB MARKET REMAINS STRONG.
🔴 FED’S WILLIAMS: SLOWING BALANCE SHEET RUN OFF DOES NOT MEAN ENDING PROCESS.
🔴 FED’S WILLIAMS: OUTLOOK IS UNCERTAIN, THE FED MUST BE DATA DEPENDENT.
WILLIAMS: FED HAS MADE 'CONSIDERABLE PROGRESS' ON LOWERING INFLATION
🔴 FED’S WILLIAMS: THE FED FORECASTS RATE CUTS STARTING THIS YEAR.
🔴 FED’S WILLIAMS: THE OUTLOOK IS UNCERTAIN, THE FED MUST BE DATA DEPENDENT.
🔴 TD SECURITIES EXPECTS THE FED TO START CUTTING INTEREST RATES IN SEPTEMBER.
🔴 WELLS FARGO EXPECTS U.S. FEDERAL RESERVE TO START CUTTING INTEREST RATES IN SEPTEMBER VS PRIOR FORECAST OF JUNE.
🔴 UBS EXPECTS THE FEDERAL RESERVE TO CUT INTEREST RATES TWICE IN 2024 BY 25 BPS EACH.
🔴 UBS EXPECTS THE FEDERAL RESERVE TO START CUTTING INTEREST RATES IN SEPTEMBER VS THE PRIOR FORECAST OF JUNE.
⚠️ BARCLAYS REDUCES FED RATE CUT VIEW TO ONE IN 2024 Full Story → https://t.co/kwU1hy1fnP Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the… https://t.co/SMVds6UORO
They're just lying at this point. 😂 FED'S BARKIN: I THINK WE'RE MAKING LOT OF PROGRESS ON INFLATION.
🔴 FED'S BARKIN: I THINK WE'RE MAKING LOT OF PROGRESS ON INFLATION.
🔴 BOC: INFLATION IS EXPECTED TO RETURN TO 2% TARGET NEAR THE END OF 2025.
Fed's Bostic still expects 1 rate cut in 2024 but doesn’t rule out 0 or 2 https://t.co/yveK9zOK5G by @Jenniferisms
Atlanta Fed's Bostic still expects one rate cut in 2024 but doesn’t rule out zero or two https://t.co/wbZmi2hk5m by @Jenniferisms
🔴 FED'S BOSTIC: IF A LABOR "CLIFF" SEEMS TO BE APPROACHING IT MIGHT INFLUENCE POLICY.
🔴 FED'S BOSTIC: IF DISINFLATION PACE RESUMES, COULD PULL CUTS FORWARD.
🔴 FED'S BOSTIC: I CAN'T ELIMINATE THE POSSIBILITY THAT RATE CUTS MOVE EVEN FURTHER OUT.
FED'S BOSTIC: CAN'T ELIMINATE THE POSSIBILITY THAT RATE CUTS MOVE EVEN FURTHER OUT -- YAHOO FINANCE
🔴 FED'S BOSTIC: I EXPECT SLOW PACE OF DISINFLATION IN 2024.
🇺🇸 FED'S GOOLSBEE: THE US ECONOMY IS LOOKING LIKE NORMAL BOOM TIME
🔴 FED'S GOOLSBEE: THE ECONOMY GETTING BACK INTO BETTER BALANCE.
🔴 FED'S GOOLSBEE: THE US ECONOMY IS LOOKING LIKE NORMAL BOOM TIME.
🔴 FED'S GOOLSBEE: THE ECONOMY REMAINS STRONG AND JOBS DATA CONFIRMS THAT.
🔴 FED'S GOOLSBEE: THE ECONOMY WAS ON THE GOLDEN PATH IN 2023.