Fed Policy Pivots Are Taking Longer Reuters Even as traders bring forward the expected timing of the federal reserve's first interest rate cut, the gap since the u.s. central bank's last hike will probably be one of the longest on record. Chicago, april 16 (reuters) u.s. federal reserve chair jerome powell said on wednesday the fed would wait for more data on the economy's direction before changing interest rates, but cautioned.
Fed Policy Pivots Are Taking Longer Reuters Interest rate futures tracking expectations for federal reserve policy moves fell on tuesday after federal reserve chair jerome powell said recent data on inflation have not given. The fed last raised rates in july, and current futures market pricing has the first cut coming next may potentially a gap of 10 months, the second longest policy "pivot" from tightening. Orlando, florida (reuters) even as traders bring forward the expected timing of the federal reserve's first interest rate cut, the gap since the u.s. central bank's last hike will probably. The fed last raised rates in july, and current futures market pricing has the first cut coming next may – potentially a gap of 10 months, the second longest policy “pivot” from tightening to easing since the 1950s.
Fed Policy Pivots Are Taking Longer Reuters Orlando, florida (reuters) even as traders bring forward the expected timing of the federal reserve's first interest rate cut, the gap since the u.s. central bank's last hike will probably. The fed last raised rates in july, and current futures market pricing has the first cut coming next may – potentially a gap of 10 months, the second longest policy “pivot” from tightening to easing since the 1950s. It would be significantly longer than the average gap of just three months over the last 18 cycles, almost double the average of 5.5 months since 1971, and still longer than the average of eight months seen over the past five cycles. A long awaited shift in the u.s. federal reserve's monetary policy arrived in december with major developed central banks delivering just one increase and the number of cuts accelerating. Fed officials have signaled a coming pivot towards lower rates sometime this year to avoid pushing too hard on an economy that is outperforming expectations but which many analysts worry has. The fed last raised rates in july, and current futures market pricing has the first cut coming next may – potentially a gap of 10 months, the second longest policy “pivot” from tightening to easing since the 1950s.