Federal Reserve officials have significantly reduced their public appearances since the June meeting, potentially reflecting a new communication preference under Chair Warsh. Meanwhile, BofA lowered its 2Q GDP tracking estimate to 2.1%.
Key Takeaways
- 1.Fed speakers have been uncharacteristically quiet since the June FOMC meeting.
- 2.The US 2Q GDP tracking estimate has been revised down to 2.1%.
Table of Contents
- Key takeaways
- What Matters today: There has been relatively little Fedspeak since Warsh's first meeting
- Warsh may be getting what he wants
- US GDP Tracking
- Today's economic calendar
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Authors
Stephen JuneauAditya Bhave
Themes
Economic Growth TrackingMonetary Policy Communication
Regions
North AmericaUnited States