Next FOMC Statement May Reflect More Two-Sided Risks -- Market Talk

Dow Jones

04/30

1658 ET - The Fed committee is moving more hawkish over time, EY-Parthenon Chief Economist Gregory Daco tells WSJ. He says he wouldn't be surprised if the next FOMC statement included dual-sided language if tensions in the Middle East persist. Daco adds that markets are broadly aligned with the Fed's reaction function, pointing to little appetite for easing rates this year.(jessica.coacci@wsj.com)

(END) Dow Jones Newswires

April 29, 2026 16:58 ET (20:58 GMT)

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He says he wouldn't be surprised if the next FOMC statement included dual-sided language if tensions in the Middle East persist. 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He says he wouldn't be surprised if the next FOMC statement included dual-sided language if tensions in the Middle East persist. 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