Free Trial

MNI PODCAST: FedSpeak-Carpenter Sees Slow Cuts From June

Federal Reserve
(MNI) WASHINGTON

EXECUTIVE SUMMARY

  • The Fed can afford to wait until June before it begins to cut rates, and then do so gradually and cautiously as the economy looks set for a soft landing, former Fed board economist Seth Carpenter said.
  • Inflation may flare a bit over the next couple of months before resuming its downward trend to target, and will likely end the year around 2.25%, he said.
  • Market chatter about an imminent end to QT is greatly exaggerated, said Carpenter.
Listen to the full podcast here.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.