As central banks become more “data-dependent,” will monetary policy become less predictable and markets potentially more volatile? The economist Milton Friedman is said to have likened central bank ...

The FOMC is data-dependent, thus, the meeting minutes are not expected to reflect the "January surge." However, the Fed will likely have to turn much more hawkish going forward. The probability of a ...

Fed policy has a heightened data dependency, leading to increased volatility in the bond market. The UST market’s narrative has shifted toward the possibility of rate cuts, but the Fed does not appear ...

Ask a Federal Reserve official where economic growth, inflation, and interest rates are going, and you’re unlikely to get an answer. The central bank is in data-dependent, wait-and-see mode, with ...

One phrase heard repeatedly in recent years is that monetary policy will be “data dependent.” In his Jackson Hole remarks, Chair Powell seems to have avoided the phrase while repeatedly emphasizing ...