Powell Q&A: Don’t see any reason to be in a hurry to lower rates

February 11, 2025 at 03:49PM

We want to make more progress on inflation

We are in a pretty good place with this economy

We cannot control long rates (what about that decade of QE?)

Higher mortgage rates are less related to Fed policy and more to Treasury yields

View of risks on budget deficit, inflation expectations are among drivers of long-term rates

I too am troubled by quantity of reports on debanking

Risk assets have been making a steady recovery and the S&P 500 is now positive.

This article was written by Adam Button at www.forexlive.com.

Powell Q&A: Don’t see any reason to be in a hurry to lower rates