Julian Crossman
Julian Crossman writes for Hawko Review and other Independent Journal publications, covering the Federal Reserve and central banks and economic data and Treasury markets. Reporting under this byline is prepared by the Independent Journal editorial desk from primary sources, with AI assistance, and reviewed under our editorial policy.
9 articles
Bowman speech on SVB review: supervisors knew nine months early
In Bangkok, Fed Vice Chair Michelle Bowman cited an independent SVB review that found missed supervisory action and called for clearer decision rights.
Beige Book October 2026: Price Pressure Before the FOMC Statement
The Fed's October Beige Book finds flat-to-slight growth, little net hiring and oil-driven price gains, setting the backdrop for the October 28 FOMC statement.
Dot plot as signal: Waller on what the SEP says about hikes
Governor Waller said the dot plot signals more rate hikes: 16 of 18 participants expect at least one more this year, and futures show an 85% chance by December.
FOMC minutes for September 15-16 meeting: what to look for
The Fed released FOMC minutes from its September 15-16, 2026 meeting. Here is what the release is, why it matters, and which signals readers should check first.
Dual mandate in rural America: Cook on jobs, prices and credit
Governor Cook said rural labor markets track the nation's but job growth has tilted urban, while energy and housing costs weigh more on rural household prices.
Dot plot after the September hike: median sees 4.1% in 2026
The September 2026 dot plot puts the median federal funds rate at 4.1% for 2026 and 2027, above June's path, as the FOMC raised rates by a quarter point.
Hawkish Fed Raises Rates to 3.75%-4% in Unanimous September Vote
A hawkish Fed raised the federal funds range a quarter point on Sept. 16, 2026, and new projections put the 2026 median rate at 4.1% and PCE inflation at 3.7%.
June 2026 Dot Plot: Fed Projects Higher Inflation, Steady Rates
The June 2026 dot plot put the 2026 median fed funds rate at 3.8% as the Fed raised its PCE inflation forecast to 3.6% and held rates at 3.50% to 3.75% again.
FOMC Minutes Show Doubts Over the Easing Bias in April 2026
April 2026 FOMC minutes, released May 20, show almost all participants saw high Middle East uncertainty and many feared inflation could last longer than hoped.