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Taking Stock Of Fedspeak On Further Downshift

FED
  • Collins (non-voter) has been the latest FOMC member to be more vocal about a potential downshift to a 25bp hike on Feb 1.
  • However, the table below shows that very few voters for 2023 have spoken in recent weeks (trying to capture post-payrolls and CPI reports), especially from the Board.
  • Appearances from Board members VC Brainard and NY Fed’s Williams later today (both with text) plus Waller tomorrow (text tbd) could start to change that.

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