Technologist & Entrepreneur | Innovator in FinTech, AI, Blockchain, Quantum Computing & Emerging Technologies
Technologist & Entrepreneur | Innovator in FinTech, AI, Blockchain, Quantum Computing & Emerging Technologies
Staying up to date with the latest Federal Reserve (Fed) policy signals, FOMC statements, and key US central bank speeches. This ongoing tracker summarizes the most important events, highlighting dovish vs hawkish shifts, interest rate expectations, and macroeconomic implications for the United States and global markets. Ideal for finance professionals, analysts, and anyone following US monetary policy.
| Date | Speaker/Event | Key Points on Policy Stance | Dovish/Hawkish Tilt | Implications for Rates |
|---|---|---|---|---|
| Dec 18, 2024 | FOMC Statement & Powell Press Conference | Revised 2025 outlook from 3 to 2 rate cuts (50 bps total); inflation surprises to the upside; "closer call" on recent cut. | Hawkish | Keep steady; lower modestly in 2025 if inflation eases. |
| Jan 16, 2025 | Gov. Christopher Waller | Policy may be "too tight"; positioned to cut sooner than markets expect if inflation cools. | Dovish shift (from known hawk) | Potential for earlier/more cuts. |
| Mar 19, 2025 | FOMC Statement | Held rates; slowed QT (Treasury cap from $25B to $5B/month); stagflationary outlook (GDP down to 1.7%, core PCE up to 2.8%). | Hawkish | Keep steady; no raises, but cuts delayed. |
| Jun 18, 2025 | FOMC Statement & Powell Speeches (Jun 5-6) | Held rates; 2025 GDP down to 1.4%, inflation up to 3%, unemployment to 4.5%; still 50 bps cuts projected; uncertainty diminished but elevated. | Hawkish (fewer cuts implied long-term) | Keep steady now; lower twice in 2025 (e.g., Sep/Dec). |
| Jun 20, 2025 | Monetary Policy Report | Maintained rates; strong economy but tariffs/geopolitics as risks; inflation at 2.6% core PCE (down from 2.9%). | Neutral-Hawkish | Keep steady; monitor for cuts. |
| Jun 23, 2025 | Gov. Michelle Bowman | Supports cut as soon as July; reduced inflation risks. | Dovish shift (from known hawk) | Lower sooner if data cools. |
| Jul 10, 2025 | FOMC Minutes | "Wait and see" approach; some see zero cuts in 2025. | Hawkish | Keep steady longer. |
| Jul 13, 2025 | Pres. Mary Daly & Waller References | Daly: "Time to think about adjusting rates"; Waller: Policy "too tight"; two cuts possible. | Dovish flip | Lower if sustained cooling. |
| Jul 15, 2025 | Pres. Susan Collins | "Actively patient"; solid economy; tariffs to boost core inflation to ~3% by year-end, slow hiring modestly. | Neutral-Hawkish | Keep steady; time to assess. |
| Jul 16, 2025 | Pres. John Williams | "Modestly restrictive" policy appropriate; time to analyze data; tariffs add ~1% to inflation; 2025 growth ~1%, unemployment 4.5%, inflation 3-3.5% (easing to 2.5% in 2026). | Neutral-Hawkish | Keep steady; cuts if data warrants. |
| Jul 17, 2025 | Pres. Daly Reference | Neutral-hawkish; few favor 3+ cuts; inflation volatile into fall. | Hawkish | Limited cuts in 2025. |