Fed puts markets on notice about what it needs for rate patience

INSUBCONTINENT EXCLUSIVE:
depend on incoming data easing concerns about risks to their outlook. Comments in the last 72 hours by Chairman Jerome Powell and No
Securities in New York. Officials will release fresh quarterly forecasts at the March 29-30 FOMC meeting
Association for Business Economics Thursday
Chairman Mike Crapo
forecasts officials do make in March are surrounded by uncertainty
The same was true for their December projections, minutes of that meeting later revealed
But they fumbled the communication, spooked markets by sounding too committed to further rate hikes, and have engaged in a two-month
said Mark Spindel, head of Potomac River Capital and co-author of a book on the Fed, referring to the recent pause in rate hikes
a forecast of higher inflation, known internally as pre-emption, has been retired. Clarida discussed how even if a model predicted a surge
believe we can be patient and allow the data to flow in as we determine what future adjustments to the target range for the federal funds
around $3.5 trillion