Capata Financial

In summary, Powell emphasized that the economy is currently in a solid position, with low unemployment (4.2%), encouraging inflation readings over the past three months, and 12-month PCE inflation at 2.3% as of May. While GDP growth remains positive, it is expected to slow. Taken together, these factors support the Fed’s wait-and-see approach, allowing more time to assess the ultimate size and impact of the tariffs on inflation and the broader economy…. Read more

In summary, the Fed remains in a “wait-and-see” mode, with its policy stance remaining moderately restrictive.  While the Fed is still on hold, it believes that the current stance of monetary policy is flexible enough to be adjusted in response to future deviations from its dual mandate. Notably, the Fed has more room to maneuver… Read more

In summary, Powell emphasized the heightened uncertainty surrounding the future economic impact of the new administration’s policies on trade, immigration, regulation, and fiscal policy.  He noted that while sentiment has turned negative, this shift has not yet appeared in hard data.  The economy remains on solid footing… Read more

CAPATA Financials’ take on today’s FOMC press conference and announcement: In summary, Powell deemphasized the committee’s recent shift toward focusing policy responses on a potential weakening in the labor market, instead highlighting that unemployment remains low and stable. This shift signals that the committee is currently more concerned about inflation either rising further or failing Read more

CAPATA Financials’ take on today’s FOMC press conference and announcement: In summary, Powell highlighted the Fed’s focus on its maximum employment mandate and broader macroeconomic stability over concerns of persistent inflation during the press conference. The key shift occurred when Powell discussed “recalibrating policy,”Read more

CAPATA Financials’ take on today’s FOMC press conference and announcement: In summary, Powell highlighted the Fed’s focus on its maximum employment mandate and broader macroeconomic stability over concerns of persistent inflation during the press conference. The key shift occurred when Powell discussed “recalibrating policy,”Read more