BofA says Fed officials cut public appearances to 12 speeches/interviews in the
two weeks after the June FOMC, versus an average of about 23 in the same
post-meeting window since 2022. The bank flags this could be an early sign the
Fed chair is favoring a lower-profile communications strategy, but notes the
drop may also reflect the July 4 holiday and a lack of additional commentary
following June guidance. Time will tell if this is a durable trend or noise.
