"Fed Spokesperson": Fed Likely to Stay Silent This Week, Recent Shocks Become Two-Way Factor

Odaily News: "Fed Spokesperson" Nick Timiraos: The Federal Reserve may be more inclined to stay silent this week. But forecasts force them to outline a path. Two former Fed chairs told me they hope to avoid predicting short-term rate cuts. Whether current officials will adopt the same stance has become the core focus of this meeting, with both hawks and doves potentially sticking to their positions by pointing to the same shock. (Jin10)