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MNI PODCAST: FedSpeak-No Clarity For Fed To Cut Rates-Kroszner

Former Fed Governor Randall Kroszner joins MNI's FedSpeak Podcast for an extended conversation.
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MNI (WASHINGTON)

EXECUTIVE SUMMARY

  • The Fed is unlikely to reduce borrowing costs for much of this year as policy uncertainty and inflation risks dominate the outlook, former Fed board governor Randall Kroszner told MNI.
  • Kroszner said inaction will be the path of least resistance for officials as they try to assess the combined effect from a torrent of new policy proposals from the Trump administration.
  • “It’s not going to be so clear in the very near future and the Fed is in a position where they are ok to wait.”

Listen to the full podcast here or here.

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MNI (WASHINGTON)

EXECUTIVE SUMMARY

  • The Fed is unlikely to reduce borrowing costs for much of this year as policy uncertainty and inflation risks dominate the outlook, former Fed board governor Randall Kroszner told MNI.
  • Kroszner said inaction will be the path of least resistance for officials as they try to assess the combined effect from a torrent of new policy proposals from the Trump administration.
  • “It’s not going to be so clear in the very near future and the Fed is in a position where they are ok to wait.”

Listen to the full podcast here or here.