Monetary policy

With the neutral rate of interest rate extremely low, New York Fed President John Williams suggested the keys are acting quickly and keeping rates lower longer.

The economy was chugging along at about the same pace from mid-May through early July as it had in the previous period, according to the Federal Reserve’s Beige Book.

Federal Reserve Board Chair Jerome Powell added little to his recent Congressional testimony, so despite strong retail sales data, it appears the Fed will cut rates later this month.

The Empire State Manufacturing Survey’s general business conditions index turned positive in July.

Federal Reserve Chair Jerome Powell’s testimony before Congress this week made it seem a rate cut at the end of the month is a done deal.

After President Trump's criticism, the Fed Chairman told the Senate Banking Committee a move would be based on what’s best for the economy.

Markets took the Federal Reserve Board chairman's comment on increased uncertainty as a signal that a 25 basis point rate cut is coming.

Federal Reserve officials judged uncertainties and downside risks to the outlook for the U.S. economy had increased significantly when they gathered in June, strengthening the case for an interest-rate cut

With the economy strong, Federal Reserve Bank of Philadelphia President Patrick Harker said interest rates should be held for now.

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.