Economic Data Leave Fed Without Room to Talk Up Cuts -- Market Talk

Dow Jones04-24 21:21

0920 ET - Stats published since the Fed's last meeting in mid-March have shown few signs of economic deterioration, while price increases have persisted. That will likely leave the Fed's policy committee without much reason to signal upcoming interest-rate cuts at the April meeting next week, Jeremy Schwartz of Nomura writes in a note to clients. "Even dovish officials have emphasized patience," Schwartz notes, pointing to a speech from governor Christopher Waller last week. And given that the Iran conflict remains tense despite the cease fire, officials will remain alert to the risk that energy-price spikes could trigger broader inflation, per Nomura. (matt.grossman@wsj.com; @mattgrossman)

(END) Dow Jones Newswires

April 24, 2026 09:21 ET (13:21 GMT)

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