Economists have been eyeing whether Fed officials are speaking less since the June FOMC meeting, aligning with chairman Kevin Warsh's strategy of no forward guidance. Fed members have had about 12 public appearances since the meeting, analysts say. BofA Securities says that going back to 2022, the average number of speakers in the two weeks following meetings is about 23. "This may be a sign that FOMC participants are heeding Chair Warsh's desire to speak less," BofA says. TD Securities says the 12 public appearances are below the average of 18 during the same period over the past decade. Analysts say they will continue to track the trend. TD Securities said the summer months typically bring a significant lull in Fed communication. (jessica.coacci@wsj.com)
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Economists Add Fed Public Appearances to Stat Sheet — Market Talk
Economists have been eyeing whether Fed officials are speaking less since the June FOMC meeting, aligning with chairman Kevin Warsh's strategy of no forward guidance. Fed members have had about 12 public appearances since the meeting, analysts say. BofA Securities says that going back to 2022, the…