Fed Chair Jerome Powell and colleagues are weighing changes to post-meeting
statement language that has signaled a bias toward future rate cuts,
particularly the phrase “In considering the extent and timing of additional
adjustments...”. Nick Timiraos of The Wall Street Journal reports officials see
three options: keep wording unchanged, add “any” to soften the easing bias, or
remove “additional” to neutralize directionality and imply moves could be up or
down, with varying market impact.