Fed Vice Chair nominee Phillip Jefferson says, “skipping a rate hike at a coming meeting would allow the Committee to see more data before making decisions about the extent of additional policy firming.” That seems in line with Powell's more neutral view, but at odds with several Fed officials who have been more hawkish.
@steveliesman #FederalReserve speakers manipulating market as always
@steveliesman How many of those “more hawkish” are voting members? Not Bullard!
@steveliesman Non-voting members of the FOMC (Mester and Bullard) are free to be irresponsible in their communications. Voting members take a much more measured approach.
@steveliesman Another day, another Fed spkr buffeting the market. They won't get inf down wo a recession. To say its not his base case to me implies little cred, as does his bio. We see prices turning up. Our resort town was overrun this wkend like no other.
@steveliesman If the market giveth, they will taketh.