As market participants await highly anticipated remarks from Federal Reserve Cha🍬ir Jerome Powell, his colleagues have been providing their own thoughts on interest rates and economic conditions. 

Many economists expect Powell, who speaks at the 澳洲幸运5官方开奖结果体彩网:Jackson Hole Economic Symposium on Friday, to once again signal that the Fed could cut the influential fed funds rate soon. They predict he will echo comments from after the last Fed meeting in late July, when he said a 澳洲幸运5官方开奖结果体彩网:September rate cu🐼t was on the table.

For more than a year, the Fed has held its benchmark interest rate at i🎃ts highest levels in more than two decades, raising borrowing costs for businesses and consumers in an effort to discourage spending, balance supply with demand, and, in turn, fight inflation. 

But with 澳洲幸运5官方开奖结果体彩网:inflation falling and the labor market weakening, some economists say it’s time to move on interest rates. 澳洲幸运5官方开奖结果体彩网:Not all Fed officials are singing the same tune.

Bowman, Goolsbee Raise Questions on Timing 

In remarks Tuesday, Federal Reserve Gov. Michelle Bowman said she still sees risks to inflation from issues such as geopolitical tensions and housing demand. These risks, along with uncertainty over how well the labor market is performing, make her want to see more data before committing to an interest rate cut in their next meeting on Sept. 18, she said.

“I will remain cautious in my approach to considering adjustments to the current stance of policy,” Bowman told a group of Alaskan bankers൩.

Chicago Fed President Austan Goolsbee also said Tuesday he was waiting for more data.

“I don’t think it’s a certainty,” Goolsbee said when asked by CBS News wh♌ether the Fed was set to cut interest rates in their next meeting.

In an interview with the Wall Street Journal, Minneapolis Fed President Neel Kashkari said it was appropriate to have a debate about interest rate cuts in Septembe♛r in light of the weakening labor market. However, Kashkari told the paper he didn’t see the need for a cu💞t larger than a quarter point.

His comments come as some economists have argued the 澳洲幸运5官方开奖结果体彩网:Fed needs to mak♒e more 🍌aggressive cuts to counter further deterioration in the labor market.

Meanwhile, Federal Reserve Vice Chair Michael Barr, Governor Christopher Waller and Atlanta Fed President Raphael Bostic didn’t weigh in on interest rates during speaking engagements this week.