Click here for a summary of Chair Powell, Governor Miran and Governor Bowman speeches at three conferences after the September 17, 2025, FOMC meeting. The summary offers each of their assumptions and framework for monetary policy going forward after a 25bp rate cut. This is the first meeting for Governor Miran, and he was the only person who dissented on the 25bp cut preferring a 50bp cut.
2026 Q1 Commentary
Topics discussed in this quarter's commentary are: The Iran War Dimming of the Liberal World Order The Tariff Chaos The K-Shaped Economy AI-Labor Displacement Ballooning Deficit Conclusions & Expectations The first quarter commentary offers a more in-depth...