Bloomberg Surveillance · Friday, July 17, 2026
Tiffany Wilding discusses Fed Chair Jerome Powell's emphasis on price stability, stating it's consistent with other officials' communications about acting if inflation doesn't moderate. She believes this focus is positive for the bond market as it helps anchor inflation expectations and reduces risk premiums. While Senator Warren raised concerns about payments, Wilding suggests focusing on Powell's monetary policy signals.
“I think what we're and certainly there could be some more that comes out on that, but I think what we're focused on at least is, you know, what what sort of signals is chairwah sending in terms of how he's going to conduct monetary policy?”
“You know, And I think the biggest emphasis that's come out since he's become chair, you know, is that he's very focused on price stability, you know, and I think that's very consistent with the other communication that we've seen from other officials to say that if you're not getting inflation that's moderating, you know that the Federal Reserve is is prepared to act, you know.”
“So everything that we've heard. From Warsh in terms of his commitment to price stability, we actually think is a good thing for the bond market, You know.”