Powell: Can't say whether July is too soon to consider a cut | Forex Factory

  • Powell: Can't say whether July is too soon to consider a cut

Added at 8:53am

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woody70
Jul 1, 2025 11:56am
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Quoting Vancarbon
{quote} ….. until the bend at the end
Nothing has changed, and nothing will change with the markets. Price will go up and down, follow your plan if you have one, and don't overleverage, and you will be fine. Most people on here complaining don't have a plan and overleverage.
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AJR
Jul 1, 2025 9:25am
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Its so stupid to personalize this as a FED's president decision.

Only gaslighting justify this kind of approach, and a lot of people falls for this... It tells a lot about them!

Decision-Making Process

A. Economic Data Analysis

The Fed continuously reviews a wide range of data, including:

Inflation: Core PCE (Personal Consumption Expenditures) and CPI

Employment: Non-farm payrolls, unemployment rate, labor force participation

GDP growth

Wage growth

Consumer spending

Global financial conditions and geopolitical risks

B. Forecasts and Projections

The Fed's Board of Governors and Reserve Banks produce economic projections using models and expert judgment. These are summarized quarterly in the Summary of Economic Projections (SEP), which includes the "dot plot" showing individual FOMC members' rate expectations.

C. Monetary Policy Meetings

The FOMC meets eight times per year. During these meetings:

Staff economists present analyses

Each FOMC member (12 voting, 7 governors + 5 regional bank presidents) discusses their outlook

A policy decision is reached by majority vote

D. Communication and Forward Guidance

The Fed communicates decisions via:

FOMC statement

Press conferences (led by the Chair, currently Jerome Powell)

Meeting minutes (released three weeks later)

Speeches and reports, including the Monetary Policy Report to Congress

Policy Implementation

If the Fed decides to change the target federal funds rate:

It adjusts the interest on reserve balances (IORB) and open market operations (OMOs) to influence the effective federal funds rate.

The New York Fed’s Open Market Desk executes operations in the Treasury market to achieve the target.
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E.Seitan
Jul 1, 2025 9:29am
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Quoting AJR
Its so stupid to personalize this as a FED's president decision. Only gaslighting justify this kind of approach, and a lot of people falls for this... It tells a lot about them! Decision-Making Process A. Economic Data Analysis The Fed continuously reviews a wide range of data, including: Inflation: Core PCE (Personal Consumption Expenditures) and CPI Employment: Non-farm payrolls, unemployment rate, labor force participation GDP growth Wage growth Consumer spending Global financial conditions and geopolitical risks B. Forecasts and Projections...

Very good comment here! Unfortunately, most people cannot understand this for some reason...
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Momofrmnyc
Jul 1, 2025 8:59am
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Quoting Vancarbon
The comment suggests no urgency for near-term policy shifts but affirms cautious stance
Yeah pretty much he's trying to talk without saying too much as far as forward guidance. It's the needle threading exercise commencing.
AJR
Jul 1, 2025 9:26am
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Quoting jordanvic
He would have cut rates long ago if it wasn't for Trump. Now he's just trolling Trump.
Its so stupid to personalize this as a FED's president decision.

Only gaslighting justify this kind of approach, and a lot of people falls for this... It tells a lot about them!
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E.Seitan
Jul 1, 2025 9:11am
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Guys, calm the hell down. They will cut the rates at some point (probably in September). I do agree that the interest rates level at the moment is a little high. At the same time, the Fed needs to be conservative. J. Powell is acting exactly as he should. Stop listening to Trump's rhetoric about the Fed and start thinking with your own brain.
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jordanvic
Jul 1, 2025 9:06am
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He would have cut rates long ago if it wasn't for Trump. Now he's just trolling Trump.
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chemosi
Jul 1, 2025 9:48am
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FED forward guidance and lip service - boring...even more boring when it does not move the markets...

FED vs Trump jabs - interesting....but even more boring when it does not move the markets...
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woody70
Jul 1, 2025 12:58pm
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Quoting Trader#220A
got it Woody70, but this trend will be stronger if Powell work on his job well.... he and his gang aren't going to. they prepared choking and killing the economy. in Reality, the tariff is resilient enough to thwart their agenda, this is what the result now. DJI and NYA creeping and breaking the even.
Just trade what you see. When you don't have a trade according to your plan sit on the sidelines and wait: plain and simple.
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E.Seitan
Jul 1, 2025 9:47am
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Quoting Trader#833D
You keep messing around with no cuts, and Trump will find a way to fire you, you old *ickhead. Cut the *ucking rates.
My guy, just read the third comment above yours. You will be enlightened in a big way...
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Trader#0EF5
Jul 1, 2025 8:55am
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Master bullshitter. He talked crap then a week ago when he said that they need at least few months of data to see how tariffs will effect the inflation data. Well... he is working at the Fed after all. No honesty or integrity expected.
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hesron
Jul 1, 2025 8:59am
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Gold is still worth buying until the USD cut rate
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NotAtrader
Jul 1, 2025 11:20am
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Powel: Wait Donnie. I'll think about it.
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woody70
Jul 1, 2025 11:40am
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Nothing to see here, folks. Just trade the higher time frame charts in the direction of the trend.
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future911
Jul 1, 2025 8:55am
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Calm down now FF
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Chancy
Jul 2, 2025 3:47am
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Quoting hesron
Gold is still worth buying until the USD cut rate
Good call the other day.Losing momentum as of 4 hour bar , 8 a.m.BST. pivot on 3337.
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AJR
Jul 1, 2025 9:47am
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Quoting Trader#833D
You keep messing around with no cuts, and Trump will find a way to fire you, you old *ickhead. Cut the *ucking rates.
If he's an old *ickhead... What are you?
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milicentfx
Jul 1, 2025 8:58am
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so full of b*llsh*t
Blessed-man
Jul 1, 2025 8:58am
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Can't say is very different from I can say July is not too early.

Market will always push their own angle and drive the price to the point where they are waiting to reverse and profit again
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Trader#5DA2
Jul 1, 2025 8:59am
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Powell doesn’t care about the American people
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Trader#220A
Jul 1, 2025 9:25am
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when it's time, its time. Time to weeded it out the lawn and let the good grass grow. Powell know but he prioritized their own agenda to destroy the US economy.... he aint helpful at all.
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Trader#833D
Jul 1, 2025 9:41am
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You keep messing around with no cuts, and Trump will find a way to fire you, you old *ickhead. Cut the *ucking rates.
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Trader#23A3
Jul 1, 2025 9:55am
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Quoting Vancarbon
{quote} Do you really need to ask ? I think you know He’s a disciple of the great one.
Powell is a numbskull and they should all be fired, right?
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Trader#23A3
Jul 1, 2025 10:08am
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Nah, just stuff you say. It's hard to take any of you serious

https://www.forexfactory.com/news/13...s#post15281715
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rohantrader
Jul 1, 2025 8:54am
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oh my gosh oh my gosh
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laxma
Jul 1, 2025 8:57am
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''Can't say whether july is too soon ''instead of it Directly say that fed ready to cut rates by 2% -4% and make a swiss economy where interest rate 0% 😂😂trump party 😂😂
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valador
Jul 1, 2025 9:07am
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bruh
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WhipItAround
Jul 1, 2025 9:51am
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mkt interprets everything as positive.
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Trader#220A
Jul 1, 2025 10:10am
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That's the consideration to all of it, but the lack of action is one thing to consider. on Biden era, he took action to help the economy by far. Now, the question, he is willing to help the economy at this point when its rising?
It's about whose party in office but the OUR ECONOMY(the American people)!
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Trader#23A3
Jul 1, 2025 10:11am
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Quoting Vancarbon
{quote} Are you looking for confirmation or affirmation ?
Wrong one. Sorry, there's so many

https://www.forexfactory.com/news/13...s#post15281598
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Trader#833D
Jul 1, 2025 11:53am
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Quoting Vancarbon
{quote} I was quoting Trump , with tongue in cheek .
I think once Trump finished his four years or presidency and retires, you will have no life, you will have nothing to talk about. Sorry about that.
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Trader#220A
Jul 1, 2025 11:56am
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got it Woody70, but this trend will be stronger if Powell work on his job well.... he and his gang aren't going to. they prepared choking and killing the economy. in Reality, the tariff is resilient enough to thwart their agenda, this is what the result now. DJI and NYA creeping and breaking the even.
Reply
Trader#A3A9
Jul 1, 2025 8:52am
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horrible guidance
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Trader#D881
Jul 1, 2025 8:53am
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What the hell
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Trader#9759
Jul 1, 2025 8:53am
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Ofc it's powell
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Trader#8D28
Jul 1, 2025 8:56am
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Market will be hell now 🍻😜
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Trader#150B
Jul 1, 2025 8:57am
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Buy Gold
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Trader#A779
Jul 1, 2025 8:57am
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ready to go up?
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Trader#31E2
Jul 1, 2025 8:57am
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what about gold ??
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Trader#CAF4
Jul 1, 2025 8:58am
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gold down
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Trader#3480
Jul 1, 2025 9:00am
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Interest rate politics by the Federal Reserve
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Trader#8AEB
Jul 1, 2025 9:00am
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balls
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Trader#976A
Jul 1, 2025 9:01am
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Good CAN'T SAY
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Trader#9CD3
Jul 1, 2025 9:07am
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will the euro continue to rise as a consequence of todya's data?
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Trader#220A
Jul 1, 2025 10:11am
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Its not about Democrat or Republican Administration its about the American Economy.
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Trader#23A3
Jul 1, 2025 10:17am
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Quoting Vancarbon
{quote} I wax quoting Trump , with tongue in cheek .
What quote? There was no mention of a Trump quote in the FOMC Summary of Economic Projections.
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Trader#B1E1
Jul 1, 2025 11:52am
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Euro may reverse
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Trader#833D
Jul 1, 2025 11:59am
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Quoting Vancarbon
{quote} Yes , I can always move on to Vance .
You are one sad guy. Get well.
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Trader#9F01
Jul 1, 2025 12:26pm
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he should say we will cut rate in the next meeting for sure
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Trader#833D
Jul 1, 2025 12:35pm
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Quoting Vancarbon
{quote} I’m as happy as a pig in sh*t . Thank you though , very considerate
Trump.
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